I.T.AS. NOS. 387/LB AND 388/LB OF 2003, .DECIDED ON 23RD APRIL, 2003 versus I.T.AS. NOS. 387/LB AND 388/LB OF 2003, .DECIDED ON 23RD APRIL, 2003
Section 62 (1) Disapproval of expenditure without any collision of accounts production, evidence etc. Accuracy In fact, the profit and loss of the assting did not have to deal with the permissions related to the expense of the account, if not according to the Assessing Officer. The reviewer failed to contend with the relevant provisions of section 62 (1) of the Income Tax Ordinance, 1979 and in respect of defects in the calculation, all subsequent proceedings were deemed invalid and void and invalid in the eyes of the law. Will go Since the Assessing Officer did not comply with the provisions of Section 62 (1) of the Income Tax Ordinance 1979, to identify deficiencies in the books of accounts and to deal with them in the account, hence the loss of profit and loss account. Were responsible for
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