MIAN TOYS FAROSH, SARGODHA versus SECRETARY, REVENUE DIVISION, ISLAMABAD
Establishment of Section 156 Office of Federal Tax Ombudsman Ordinance (XXXV of 2000V), Reduction of gross profit less than declared gross profit of section 2 (3) errors was requested Application for correction of this assessment The Income Tax Ordinance, increasing sales to arrive at net income under section 156 of 1979 was based on the complete absence of scope of section 156 of the Income Tax Ordinance, 1979 the Issuing Officer could not increase the sales estimate. As an order when it had to stay within the scope of the original valuation order, the sale was estimated at Rs 700,000 and gross profit. After doing 15% work in AD, which was Rs 105,000 which was a wrong figure of gross profit of Rs 52,500.
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