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I.T.A. NO.2438/LB & 5597/LB OF 2004, DECIDED ON 25TH MAY, 2005. versus I.T.A. NO.2438/LB & 5597/LB OF 2004, DECIDED ON 25TH MAY, 2005.

Sections 55, 60, 61, 62 and 134 Appeal for Reduction in Turnover Appeal Tribunal Appeals Tribunal Department acknowledged that the Commissioner Income Tax (Appeal) Department had a valid turnover on Commissioner Income, Tax (Appeal). The overs have been reduced from Rs 70 lakh to Rs 6450,000. According to the department, the ACCC failed to produce any account / supporting documents at the inquiry stage and the announced version was rejected correctly and the sale was estimated at Rs 70 lakh. It was Rs. 51,50,000 and there was no justification for CIT (A) to reduce it to Rs. 64,50,000. The intention of the department was that a speech order was approved by the Assessing Officer which All aspects that affect a commitment to review are reviewed. Total income was also made for the notice of the year under section 62 of the Income Tax Ordinance, Act 62 of 1979 made no reference to the stock position of the Assisi. That the Tribunal need not interfere in the matter, as there is an estimate matter by the CIT (A) and another estimating officer, is not required by law in any manner whatsoever The appropriate inventory of the stock position was not prepared. advocates from Hattar lawyer