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AHMED ALI versus INCOME TAX APPELLATE TRIBUNAL, LAHORE AND 2 OTHERS

Section 12 (18) and 136 (1) of CBR Circular No. 3, 1992 dated 27 1 1992 Bearer Check Effect Assessee claimed that it had obtained loan from his company through two barrier checks, though both checks The origin of the doubt is beyond doubt, yet the Assessing Officer refused, under section 12 (18) of the Income Tax Ordinance, 1979, because of the fact that the examiner refused to give any benefit to the assessee. , Which was assessed by Assissee, that Subsection (18) was introduced with a specific purpose. The fraudulent loans were to be scrutinized and discouraged the introduction of back-to-back cash credit to meet financial obligations. The relevant bank affirmed the fact, therefore, that the order passed by the Income Tax Appellate Tribunal was set aside, the High Court declared that the dismissing officer could do no more. Section 12 (18) of the Income Tax Ordinance 1979, out of the money received by the barrister through the SC, allowed the appeal Pakistan, top advocate family court from Mangal Sada lawyer