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I.T.AS. NOS. 578/LB AND 579/LB OF 2004, DECIDED ON 21ST APRIL, 2006. versus I.T.AS. NOS. 578/LB AND 579/LB OF 2004, DECIDED ON 21ST APRIL, 2006.


Section 122 (4A) Income Tax Ordinance (XXXI of 1979), Amendment of Articles 62 and 30 Amendment Show cause notice under section 62 of Income Tax Ordinance 1979, dated 23 6 1997 and 20 6 1998 respectively, dated 7 4 2003 Income. The tax ordinance was issued under Section 122 of 2001 and was assessed with the position that the entire expenditure for income and non-profit income was to be estimated, further, the profit / markup income error. Was imposed under section 22. Business income as income tax ordinance, 1979, which resulted in section 30 of the Income Tax Ordinance 1979, was invalid, under Order 5122 of Income Tax Ordinance 2001, finally Order 31 5 2003 was passed on the basis that the entire income of the assessee. Income tax ordinance, made under Sec 30 of 1979, assessment under section 62 of the Income Tax Ordinance for proceeding under Secto, Income Tax Ordinance of 1979, n 65 of 1979 for each year already 30 6 respectively. In the years 2001 and 30 6 2002, the department started proceedings on 7 4 2003 under section 122 of the Income Tax Ordinance 2001 and thereafter it was taken into force on 31 5 2003. Finished. Section 66A of the Income Tax Ordinance 1979, by the illegal re-enumeration of income through an action, also eliminated the aforesaid limits, affecting the proceedings up to 22 6 2001 and 19 6 2002, while an unidentified order under section 122. The Income Tax Ordinance, 2001, was 31 5 2003, after the implementation of the Income Tax Ordinance 2001, the department had illegally extended the expiry of eight years instead of the expiration of such period, thus extending such period There was an outbound action that required a complete cancellation

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