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COLONY SARHAD TEXTILE MILLS LIMITED versus COMMISSIONER OF INCOME-TAX, RAWALPINDI


Income Tax Act 1922 Section 66 (2) High Court Scope Referring to Fact Assessment A company running a textile mill denies the appraisal officer of the surge of accounts, after scanning the accounts, it was observed that in the relevant years There has been a drastic drop in production. The increase in waste was also felt when the Assisi's emphasis on defining a misunderstood and ridiculous response claimed that inappropriate use of waste resulted in better quality. Was found to be incorrect, but was found to have decreased. Comparison of assimilation production results in the preceding years showed a decrease in the average number of yarn during the corresponding year, while the loss should have improved to the same extent as the account found to be unstable. Is. The absence of a daily record of the Tribunal which was lost in his order found that the CERs were sufficient to reject the disclosed version of the reasons cited by the Assessing Offices; that the production was not produced. Not only that, but the fact that it was the lowest in the last 12 years and only the explanation given that the waste was not reused during the relevant year was proved to be in fact false. Claims to be wasted in the last six years when the assessee's claims in the relevant year were much higher than similar claims in the previous year, and no one on any acceptable ground to ascertain such fact. The question was not asked. He was not accused of supporting such a result

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