Find a Lawyer

I.T.A. NO. 1778/KB OF 1999, DECIDED ON 15TH, MAY, 2001. versus I.T.A. NO. 1778/KB OF 1999, DECIDED ON 15TH, MAY, 2001.

Section 66A and Second Schedule Total (118E), Part IV, CL (9) 1992 CBR Circular No. 7, Dated 18 3 1992 CBR Letter No. (84) DTP II / 94, Date 9 7 1995 Additional Commissioner's Inspection Options Deputy Commissioner's sole concern for the revision of the order of the maker concerned wandering transactions Raw cotton / cotton waste sales Discount on raw cotton sales in case of any violation Was not allowed for which the company was formed. In the process of yarn manufacture, the assimilation of cotton will be eliminated as well as the sale of cotton waste / cotton waste to 7% of the total sales. Didn't remember and it was definitely a wandering event - it is not fair for the inspector additional commissioner to assess that the assessor made an irrevocable option under section IV (9) of Part IV of the Income Tax Ordinance 1979 Was used in CBR Circular No. 7 of 1992, saying that if the hatchery Assisi sold part of his raw material for his own consumption, such incidental sale, if not regular or permanent. It will still fall under the option used by the ICC, meaning that such income is subject to the common law refusal or incidental transaction. The waiver was not rational and the inspection of the Additional Commissioner was not valid in the assumption that the assessee had committed separate business activity and violated the sole clause clause action under Section 66A of the Income Tax Ordinance 1979, Order was canceled The appellate tribunal overturns the order to inspect the Additional Commissioner and reinstate the Assessing Officer. top civil advocates from Lalamusa lawyer