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I.T.A. NO.3371/LB/1996, DECIDED ON 9TH APRIL, 1997. versus I.T.A. NO.3371/LB/1996, DECIDED ON 9TH APRIL, 1997.


Income Tax Ordinance 1979 Sections 56, 61 and 13 (1) Property Purchase Property Registration by Assessment Registered Dead Parallel Matter Extra Assisi purchased the house for a specific house and accordingly the proclamation officer declared it Rejected and accepted the house price at a higher rate. On the basis of its order of review on parallel matters and the value contained in the registered process, the sanctity of the registered process could not be merely thrown away, unless the evidence was contested by strong evidence to the contrary, The evaluation was framed after considering the prevailing market value

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