MUHAMMAD LATIF versus REVENUE DIVISION, ISLAMABAD
Income Tax Ordinance 1979 Sections 62, 138 and 63 Evaluation of Arbitration Arbitration Net income was estimated on the basis of the past history of the case and a slight progressive increase in business. There was no past history and no scrutiny. In order to find out if anything was inquired to ascertain the expansion of business volume, no basis order was approved by the sed assessing officer, disallowed and the revenue estimate was too high where the section At the time the previous Part was passed under the Assessment Order was to be passed with justice. The Federal Tax Ombudsman, 1979 of the Income Tax Ordinance, recommends that the Commissioner of Income Tax return the order of the officer in his jurisdiction under section 138 of the Income Tax Ordinance 1979 and allow relief on the liability.
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