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I.T.AS. NOS. 6053/LB OF 2004, 6030/LB, 6031/LB OF 2003, 6641/LB, 43/LB AND 44/LB OF 2004, DECIDED ON versus I.T.AS. NOS. 6053/LB OF 2004, 6030/LB, 6031/LB OF 2003, 6641/LB, 43/LB AND 44/LB OF 2004, DECIDED ON


Article 62, Assessment, etc., for the preparation of accounts, evidence, etc., the profit and loss of the banking company was excluded by the first appellate authority on the basis that the increase was based solely on assumptions and assumptions. The Assessing Officer did not identify any specific instances of non-business nature or did not confirm any expenditure and did not issue any special notice under section 62 of the Income Tax Ordinance 1979. That the scheduled bank accounts were subject to strict audit and control of the State Bank and their internal, external and State Bank auditors were regularly audited, and especially in the presence of a proposal under section 62 (1). A special example was the Clash of Income Tax Ordinance, 1979. The correct Applet Authority was justified in excluding the AdBooks from the Profit and Loss Account because no specific instance of non-business or unauthorized expenditure was identified that was owned by Bank State Bank of Pakistan and Such an addition could not be sustained without the external and internal auditors and was responsible for deletion, the Appellate Tribunal previously upheld the Appellate Authority's order. \ r \ n \ r \ n

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