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I.T.A. NO.1489/KB OF 2003, DECIDED ON 9TH MARCH, 2005. versus I.T.A. NO.1489/KB OF 2003, DECIDED ON 9TH MARCH, 2005.


Section 62 Production Overview of Accounts, Evidence, etc. The first appellate authority obtained from the business of dyeing and bleaching the gross profit rate instructed the appraisal officer to accept Assisi's commercial results and the gross profit rate as of 12 as 54, as shown by the Assisi Department. Any credibility can be estimated from the declared version of the Assessing Officer who rightly rejected the declared gross profit of 10% 54% and applied the gross profit rate to 18% but without the first appellate authority The first appellate authority was instructed to accept a valid, announced version of the fact that it sought the facts of the case. After proper consideration of Q and directed to accept the gross profit rate, and especially because the Assigning Officer had not shown any significant error in the accounts and further sales were accepted. The increase in business was also not taken into account during the Histo's request. The matter was significant in relation to the gross profit rate ignored by the taxpayer, which the appellate tribunal previously upheld by the appellate authority. ?

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