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I.T.A. NO.3105-LB OF 2002 versus I.T.A. NO.3105-LB OF 2002

Sections 66A, 27, 28, 29 (3) (B), 50 (4), 80C and Third Schedule, R7 (2) (B) Income Tax Rules, 1982, R207 Pakistan Constitution 1973, Fourth Schedule, Part I, Federal Legislative List, Item No. 50 Deputy Commissioner's Inspection Options for Commissioner Review, Cancellation of the Assessment on the grounds that franchising rights have a definite value and assign such rights. Was. Essentially, it is declared profitable and the profits on sale of land were not presented for taxation, except for the claim that the palaces, empty bottles etc. were received under section 80C of the Income Tax Ordinance. Can, in the knowledge of the Assessing Officer, at the time of the valid sale of the assets, during the course of the inspection, during the inspection, the gross profit, etc., the Assessing Officer himself be bound to accept the accounts legally? Understood With this in mind, the additional commissioner should examine the concern that the reviewer has handled the matter so that it is not considered legitimate to take advantage of a class of immovable assets but is responsible for deducting some of the Assisi's purchases. Was understood and found to have been found. As disclosed by default and was charged under Section 52 of the Income Tax Ordinance, 1979, it was later stated that the assessee was responsible for deducting the assets sold to the third party. And Section 80C of the Income Tax Ordinance of 1979 came into force which was largely ideological. This could not be supported The officer specifically stated that the GP dropped due to GP spaces and shells. female advocates from Jaranwala lawyer