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I.T.AS. NOS.119/LB TO 124/LB AND 342/1,13 TO 347/1,13 OF 1989-90 versus I.T.AS. NOS.119/LB TO 124/LB AND 342/1,13 TO 347/1,13 OF 1989-90


Income Tax Ordinance 1979 Section 13 (1) (c) and 65 Reassessment Exact Information on Anonymous Transaction An Assessing Officer in Issuing a Notice to Assessment Under Section 65, Income Tax Ordinance, 1979, by the addition of anonymous accounts and transactions. Failure. On the contract and in the respective years under the Self Assessment Scheme, later, two anonymous accounts were found in the name of the minor son of the Assisi and the Assessment Officer himself operated by Assisi considered the accounts as sales and under Diagnostics opened. Section 65, Income Tax Ordinance, was added under section 13 (1) (c) of 1979, the first appellate authority endorsed the re-evaluation and thereafter the increase was retained. There was a bit of relief about both the rate assessment and the department. Stressing its relevant version of cross-appeals, the Assessing Officer should have previously examined the Essex, issuing a notice under Section 65, Income Tax Ordinance, 1979 if it wanted to establish that the account holder Or his minor son, and that the firm's appraisal officer failed to establish anonymity between the transactions in the disputed bank accounts and the evidence was not valid by the Assisi company's business because the Assessing Officer notes Prior to the issuance, Benami could not establish a business or bank account There was no solid evidence to prove the nature of the allegations.

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