I.T.AS. NOS.897/KB TO 899/KB OF 1993-94 versus I.T.AS. NOS.897/KB TO 899/KB OF 1993-94
Income Tax Ordinance 1979 Section 62 Disapproval of spinning mill accounts relating to production of accounts, evidence, etc. The absence of a spinning master report The effect of the spinning master report, although an important and relevant document of record, was non-existent. The production record could not provide capital to the Assessing Officer with the authority to reject this accounting, as a recognized position contrary to the established history of the case that without the production of Spinning Master's reports, Assisi's accounts from 1977 78 By 1982 83 was accepted. Too many claims of waste, absence of Spinning Master's report could not be the basis for dismissing accounts
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