Find a Lawyer

I.T.AS. NOS. 998/LB AND 999/LB OF 2004, DECIDED ON 10TH AUGUST, 2005. versus I.T.AS. NOS. 998/LB AND 999/LB OF 2004, DECIDED ON 10TH AUGUST, 2005.

Section 122 Income Tax Ordinance (1979), Sections 62, 30 and 31 of the General Clause Act (X of 1897), Section 6 Appraisal of Interest Earnings Estimates computed in relation to banks' interest / business income expenses Flagged under The order was approved under Section 122 of the Income Tax Ordinance 2001 and the assessment of interest income was amended under Sections 30 and 31 of the Income Tax Ordinance, validating such a validity and 1979 Accordingly, the assessment of the accuracy of the first appellate authority for the year 1998 9999 was the result of an order, dated 21 4 1999 and for the assessment year 1999 2000, it was through an order, dated 14 2 2000, because it Both such orders were affected because the provisions of Section 122 could not be attracted to the orders passed before the Income Tax Ordinance, July 2001, 2000 S.C. Could only be prosecuted under the Income Tax Ordinance, 1979. As a result of the HTM of Section 6 of the General Clauses Act, 1897, the proceedings under section 122 of the Income Tax Ordinance 2001 could not be combined with the legality granted under 5122 of the Income Tax Ordinance 2001. Appellate Tribunal online advocate from Mingora lawyer