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I.T.AS. NOS.964/LB, 965/LB, 2499/LB OF 2003 AND 5959/LB OF 2004, DECIDED ON 14TH MARCH, 2005. versus I.T.AS. NOS.964/LB, 965/LB, 2499/LB OF 2003 AND 5959/LB OF 2004, DECIDED ON 14TH MARCH, 2005.

Section 12 (18) Income Tax Ordinance (XLEX of 2001), 5 122 (5) Income which is supposed to be deposited or created in trust money loan in Pakistan, examining the accounts of the concern of the sister of Assissee. , The taxation officer found that the Assisi had obtained a loan in cash which was charged under section 12 (18) of the Income Tax Ordinance, 1979, which held that the pending amount was received in cash, But these amounts were not a loan but a deposit amount, and as proof, a copy ledger was filed stating that the money had been received as a trust. The Mann Thai Taxation Officer, without authorization, dismissed the ledger account as being a computer-generated ledger account and sought the provisions of Section 122 of the Income Tax. Accurate word deposit was added to the provisions of section 12 (18) of the Income Tax Ordinance, extending under section 12 (18) of the Income Tax Ordinance, 2001, E, 1979 on 1 7, 2002 and At the time of the assessment of the provisions of section 12 (18) of the Income Tax Ordinance 1979, the word was not included in the statue; it was not applied as a claimant for section 12 (18) of the Income Tax. The ordinance, 1979 clearly states that only money that was claimed or received as a loan or advance, or that the gift could not be obtained through an ascension, nor could the taxation officer receive the income. Has the authority to pass an order under section 122 (5) of The provisions of section 12 (18) of the Tax Ordinance, 2001 nor the Income Tax Ordinance 1979 were applicable before the order of the appellate authority was vacated and the order sanctioned under section 122 (5) of the Income Tax Ordinance 2001 ask a advocate free from Swatmingora lawyer