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MESSRS SHAN TRADERS, LAHORE versus INCOME TAX APPELLATE TRIBUNAL, LAHORE

Under Section 13 (1) (d) Investment Tax Rules, 1982, R207A, the investment statement in the Development Authority is charged with increasing the value of the plot shown in the transfer letter and increasing its income while R Denying the benefit of the 207 review, one of the Income Tax Rules, 1982, which indicated in the transfer letter that the assessing officer had indirectly found that in fact more money was passed to the authority. Was paid, and what was not indicated in such results was wrong and did not directly or endorse it. Even in the circumstances, Assisi described the source of such investment through FEBC's investment when the property was being priced, such a principle was very high, so as to assess the real estate The principle that was formulated can be taken both equity and fair. Section 13 (1) (d) of the Income Tax Ordinance, 1979, which provides for the game in which only unidentified investment or money is stated in the accounts or wealth books, can be considered as income in the relevant assessment year. That a transfer letter supporting a transaction on a certain amount by the Development Authority cannot be admitted in this matter, except to show an active communion between the Assisi and the officials of the Authority. The determination of the value was determined by the transfer letter of the authority to invest the plot in the estate statement, thereby providing for the payment of Section 13 (1) (d) of the Income Tax as plotted income and Keep the balance high inheritance advocates near Upper Dir lawyer