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COMMISSIONER OF INCOME TAX, ZONE-C, KARACHI versus A. R. HUSSAIN


Section 34 Income Tax Declaration Form The column declaration of exempt income was converted to small plots of non-agricultural land and was sold. Assisi did not declare income from the sale of such plots in his Income Tax Statement. The same was announced in the tax. The Income Tax Appellate Tribunal found that the sale of land plots was in the nature of income to obtain such income and no income was concealed by the Income Tax Appellate Tribunal rightly found that the agricultural land. There was no profit / gain after development. Income Tax Responsible and Income Tax Returns Needed to be disclosed The Tribunal also had the right that all facts were disclosed in the statement of wealth and disclosure of income / profit in the relevant return column. Was not done It is not equivalent to adjusting the results given by the Income Tax Appellate Tribunal or hiding or suppressing the details of the Income / Acquisition. Was not open to law and to no exceptions The Tribunal queries were answered in the affirmative

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