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I.T.A. NO.681/LB OF 1998, DECIDED ON 9TH OCTOBER, 1998. versus I.T.A. NO.681/LB OF 1998, DECIDED ON 9TH OCTOBER, 1998.

Income Tax Ordinance 1979 Section 66 The Commissioner, who inspected the power of the Additional Commissioner to review the order of the Deputy Commissioner, reviewed the Assessment Order on the basis that the asset capital was accepted without examining the investment resources. Had been made and if this investment had been scrutinized it would have been done on higher income. The validity of the review jurisdiction by the IAC was based on a number of aspects, namely the opinion that the assessing officer had examined the investment, which could have resulted in higher revenue. As a condition of perceived error and prejudice. Does not partner either at the time of the formation of the assessment or when the amendment jurisdiction was initiated; the order of cancellation of the order of inquiry by the appellate tribunal was ordered to be dismissed. best law firms from Chunian lawyer