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MESSRS SHAZIA SIDDIQ (PVT.) LTD. (FORMERLY SSRS K.J.M. INTERNATIONAL (PVT.) LTD., LAHORE versus INCOME-TAX APPELLATE TRIBUNAL (LAHORE BENCH), LAHORE

The appeals of Sections 13 (1) (b) (D) and 136 SCC were unambiguous investments, an additional charge was filed against a company SCC, it did not matter while in the same assessment year, SCC There was a notice to buy a valuable property. Assisi made it clear that this investment was made by the company's directors rather than with the assessee's statement, adding that the investment was included in the asset's income. I've been Under section 13 (1) (b) of the Income Tax Ordinance, 1979, it was not possible to estimate a legitimate increase. Such an increase was possible only after the directors, contradicting the company's claim of either company. Contributed to the advance payment or otherwise lacked sufficient funds to make the payment where no person or company was in a business and had no assets to justify the investment, Then before such an increase, the appraisal officer has identified and identified the source from which the funds came out and follow the source where possible, increasing the hand of the appraisal company, authorities. The illegal and unauthorized enhancements made by the company were deleted and the appeal was allowed famous lower court advocate from Kohlu lawyer