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I.T.AS. NOS.372(IB) AND 580(IB) OF 2003, DECIDED ON 9TH FEBRUARY, 2004. versus I.T.AS. NOS.372(IB) AND 580(IB) OF 2003, DECIDED ON 9TH FEBRUARY, 2004.

Section 59 (1) and 80D Self Assessment Assessment Year 1999 2000 Income loss was declared as forwarding losses of previous years, hence the claim of return eligible under the Universal Self Assessment Scheme. It was alleged that the SCCC had paid the minimum tax under section 80D. Income Tax Ordinance In 1979, in order to pay more than 30% of Para 2 (b) of the Self Assessment Scheme for the year 2000, the revenue had to be declared and not the total income which the assessee had made. The year after loss of business after adjusting, was brought forward from the previous year, the resulting income has been declared as deficit where the cases where the loss has been disclosed are subject to self-assessment scheme. Was not entitled to action and the assessee, al-asserting that action was taken under the Universal Self Assessment Scheme. There was advocate from Sialkot lawyer