I.T.A. NO.7553/LB OF 1996, DECIDED ON 3RD JUNE, 1997. versus I.T.A. NO.7553/LB OF 1996, DECIDED ON 3RD JUNE, 1997.
Income Tax Ordinance 1979 Section 111 Appraisal of Covering Penal Income Evaluation The appraiser purchased the property for a total declared value of Rs 12,00,000 and proposed raising the value to Rs 24,30,000 while investing the capital. Furnishing Fake FBCS Investment Certificate with Rs 4,00,000 Certificate, however, to hide the revenue and fake FBC insurance The penalty procedure for the submission of the certificate was made without prejudice, the Appellate Tribunal, the unanimous assessment of the Income Tax (appeal), challenged by the Assisting Officer This agreement can not be enforced after reviewing the comments were directed only to fines in case of hidden income of Rs 4,00,000.
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