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COMMISSIONER OF INCOME TAX versus SKY PAK INTERNATIONAL (PVT.)

Failure to file a return of income through Sections 108 and 55 Assissee had to consider the penalty since it was the first year of their business and hence they had to suffer losses. The impression was that the return was not to be made in the event of a loss. The validity entered into section 55 of the Income Tax Ordinance, 1979, gave this assessment to the assessee when his total income on which he was eligible for any income year, as well as the return of the wealth tax, were higher. Exceeds the amount for which it was not received. Taxes, he would submit his total income statement, because the aforementioned income could be a matter of a year if the total income was not more than the maximum amount that was not taxed, the Gentile would have the option to Do not file a return. The relevant year's Income Tax Appellate Tribunal, in view of such a legal exemption, justified the exclusion of penalties imposed on the assessee, and the possible reason for the exemption from the penalty was the absence of a fine. As was allegedly not proven, the intention to commit non-compliance by Mala Mala's intention was excluded. \ R \ n top civil advocates from Kohlu lawyer