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I.T.AS. NOS. 9825/LB OF 1992, 1140/LB AND 1328/LB OF 1996 versus I.T.AS. NOS. 9825/LB OF 1992, 1140/LB AND 1328/LB OF 1996


Income Tax Ordinance 1979 Sections 132 (1) (d) and 66 Add to this add validity The IAC rejected the original assessment of the ITO because of incorrect and biased taxation. Order under section 66A of the Ordinance was based on assumptions, agreements and forecasts that were fully considered on the record material and facts maintained by the Assessing Officer under s 66A of the Ordinance in the circumstances. No justification was available.

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