I.T.AS. NOS. 3607/LB OF 1986-87, 3608/LB OF 1989-90, 3609/LB OF 1990-91 AND 3610/LB OF 1991-92 versus I.T.AS. NOS. 3607/LB OF 1986-87, 3608/LB OF 1989-90, 3609/LB OF 1990-91 AND 3610/LB OF 1991-92
Income Tax Ordinance 1979 Section 13 (1) (d) Accreditation Assessment Purchaser purchased the property, which was considered 10 years ago and the transaction was completed thereafter, apart from the current market value. But the Assissee provided the necessary evidence to support it, but it was evaluated by officers who ignored the same increase that was confirmed by the First Appellate Authority, and the assumption about the investment was not based on the material on record and provided evidence. The supported price was not rejected except the conditions were not sustainable
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