Sections 120 and 122 (4) (2) [as amended by the Finance Act, 2009], 122 (5A) and 131 Amendments, threshold assessment, in the present case, on the date of submission of return on 299. Frame placed. 2004, and in accordance with the then existing law, the amended assessment may take place within only five years, ie sub-section (2) of section 122 of the Income Tax Ordinance 2001 by the Financial Act thereafter. ? 2009 whereby the limit of amendment of the Assessment Order was extended from the end of the financial year to a period of five years in which the Commissioner issued an Assessment Order to the Assessing Officer of the Taxpayer Section 122 (2) of the Income Tax Ordinance. (Amended, 2001 Applicable to the Legislative Finance Act, 2009, as applicable), under which the amendment was amended, stating that unless otherwise provided, It will be applicable starting 1 7 2009. What was not intended was that this amendment would apply to retro. Specifically, the taxpayer's right to amend the assessment was made till 29th 2009, which resulted in the filing of return / deadline assessment as per law on 29th 2009, only then the present and the department in that date (299 2009). Can complete the assessment modification up to this position, as against this position, under section 122 of the Income Tax Ordinance, 2001, the process of amendment of the assessment was commenced on 13 5 2010, after the expiry of the limitation period, not even It may be said that the Finance Act, 2009 is also pending the declaration which was 1 7. The amended order was banned over time in 2009 and was revoked under the circumstances
