W.T.AS. NOS. 754/LB, 1123/LB AND 969/LB OF 2002, DECIDED ON 17TH DECEMBER, 2003. versus W.T.AS. NOS. 754/LB, 1123/LB AND 969/LB OF 2002, DECIDED ON 17TH DECEMBER, 2003.
Section 35 Error correction Star decisions, Applicable Assistive Rules, In the present case filed Nail Returns for the purpose of taxing corporate assets which were accepted in the proceedings of the Deputy Commissioner of Wealth Tax Capital, Assets in Assets. Were not included. The Capital Asset Tax Responsible and Assessing Officer acknowledged the Assissee's dispute-determining officer, relying on a full bench decision of the Income Tax Appellate Tribunal, affirmed his previous review and capital's work in progress. Was included in the price of Capital Asset Taxes; Fines and Extra Taxes Also Received Based on the Tribunal's Full Bench decision, the correctional action taken by the Assessing Officer was illegal and, therefore, no capital asset tax, additional tax and penalty. The restitution order was suspended by the Assessing Officer, thus eliminating capital asset taxes as well as fines and additional taxes.
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