I.T.AS. NOS.301/IB, 302/IB, 309/IB AND 310/IB OF 2001-2002, DECIDED ON 12TH MARCH, 2003 versus I.T.AS. NOS.301/IB, 302/IB, 309/IB AND 310/IB OF 2001-2002, DECIDED ON 12TH MARCH, 2003
Section 108 (b), 141 and 142 of the total income and failure to supply certain statements were imposed by section 139, with the initial penalty imposed on each month and under section 142 of the income. Tax Ordinance, 1979 Idity Provides a validity of up to Rs 2,000 per day plus a fine equal to Rs 200, during which the default requires careful scrutiny. No further fines were appropriate under the action and the same order should have been imposed after completing the other regulatory rules, and if the Assessing Officer had not yet entered the required statement, the Assessing Officer would have had more opportunity to evaluate. There should have been additional fines per day after that. Was set to default under Sections 141 and 142 of the Income Tax Ordinance;
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