COMMISSIONER OF INCOME-TAX versus RAVI FLOUR MILLS, LAHORE
Section 65 and ?66 (?) of the case reopening the case (firm) which maintains two bank accounts in the name of its partner The Assigning Officer maintained the sale issue as a depository deposit in the bank each year. Kept, but he found it. The Tribunal cannot justify because the Assessing Officer could not establish the anonymity of the accounts before or after the case was opened. The validity tribunal did not decide on the apparent value of the telegraphic transfer in the bank account operated by the firm's partner. The assessment would certainly be worth the information, mainly because the Tribunal did not link the two bank accounts to the firm, even if the anonymous nature of the accounts was accepted, even if the transaction completed in it would have been better individualized. Can be taken into account of the partner. In the absence of the establishment of direct links between the firm in the hands of the firm and the accounts allegedly operated by one of its partners, the High Court declined to answer this question.
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