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SPECIAL FABRICS LIMITED, LAHORE versus SECRETARY, REVENUE DIVISION, ISLAMABAD

Error rates under section 62 of the Income Tax Ordinance 1979, section 156, 62/138, 143b, 80b and 12 (18) of the Income Tax Ordinance 1979, section 62 of the Income Tax Ordinance 1979 Estimation of Interest Earnings Revenue under section 156 of the Income Tax Ordinance 1979 was also covered under section 12 (18) of the said ordinance complaint, interest income under section 143B of the Income Tax Ordinance. Department 1979 claimed that the provision of section 80B of the Income Tax Ordinance 1979 was not applicable in the case of interest earned by a limited company, therefore, under the general law, the estimate of interest income was substantially justified and Except as made under section 12 (18). ) Was also made correctly because so much money was received as a cash loan which the aforesaid section was applicable. Can be signed, only to correct any errors displayed on the record. There was no such obvious mistake Complainant's request was not accepted and the complaint was dismissed by the Federal Tax Ombudsman best law firms from Gari Mori lawyer