Find a Lawyer

COMMISSIONER OF INCOME-TAX, ZONE-A, LAHORE versus ABUBAKAR MAQQSOOD

Income Tax Ordinance 1979 Sections 136 and 13 (1) (d) of the purchase of property by the High Court Scope were canceled by the Revenue Authorities for Tribunal for assessment reasons, which was the reason for the proper basis. Was not prepared to be rejected. For the declared values, nor the subsequent estimates, the parties felt satisfied with the values declared after the registered sale of similar properties for sale in the same area at the same time and kept that fact in mind. That couldn't do any sales. Enter the amount collected by the district collector for different locations in the city, depending on their market value. He said, values gave the least value under which a property could be purchased through a registered sale deed. Explaining the price quotient and expanding investigations into similar facts that were not approved by the tribunal, were stated in clear terms. In the view that a reviewing officer is capable of determining the market value of any property, and that the value represented by the sale of the property was not satisfied with the Sucroscent Tribunal on the basis of the declared values. This was added to the question, thus it did not add to the legal disputes under the circumstances famous supreme court advocate from Piplan lawyer