I.T.A. NO.3655/LB OF 1991-92 versus I.T.A. NO.3655/LB OF 1991-92
Income Tax Ordinance 1979 Section 65 Re-review Justification The income returned by Assisi that was accepted under the Self Assessment Scheme has since been disclosed in the information that after the reopening process under Section 65, the corporation has been deposited with the Corporation. Security performed was not shown in the balance sheet. , 1979, Assisi rejects its version which was rejected and the Assessing Officer himself assumes that the Sales and Applicable GP Rate accordingly confirmed the first asset, attacked the said order, The Assisi failed to convince anyone of any illegality to persuade. Assessment; he himself acknowledged that the security submitted to the corporation was not shown on the balance sheet, the first appellate authority offered every possible opportunity for the assessee to present his point of view. Failure to do so, the Revenue Authority's action did not demand any intervention in the circumstances.
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