MIAN MUHAMMAD ASHRAF, FAISALABAD versus C.I.R. (APPEALS), R.T.O., FAISALABAD
Sections 116, 114 and 121 (1) (c) Wealth Statement Best judgment review was not filed with the return statement and notice under section 121 (1) (c) of the Tax Officer of Income Tax Ordinance 2001 Was filed in response to. Appealed under section 121 of the Income Tax Ordinance 2001 and approved the review of the best judgment, the first appellate authority observed that this was not a brief document and even after filing the statement of wealth, the actual return of the original return. Can't be found If the taxpayer involved in section 116 (2) of the Income Tax Ordinance 2001 does not enter the statement of wealth in contravention of the provisions of the law, the best decision will be examined. The taxpayer claimed that in the case of any short document, which is required to be filed with the return under section 114 of the Income Tax Ordinance 2001, the tax officer must take action under Section 121 (3) of the Income Tax. Tax Ordinance, 2001, which was asked to submit a brief document or statement through a notice. In order to be compliant within time, the return should be considered a full refund. If the notice is not complied with, the return will be considered incomplete. The provisions of section 121 of the Income Tax Ordinance 2001 can be appealed only if the return under section 114 of the Income Tax Ordinance 2001 is considered invalid. That the return was completed upon submission of a statement under section 116 of the Income Tax Ordinance 2001. And has obtained the status of an assessment order under section 120 of the Income Tax Ordinance 2001. Under section 121 (1) (c) of the Income Tax Ordinance 2001, this notice may be considered a notice under section 1120 (3) of the Income Tax Ordinance 2001
