COMMISSIONER OF INCOME TAX, COMPANIES ZONE-I, LAHORE versus AYESHA WOOLLEN MILLS (PVT.) LIMITED, LAHORE
The difference between the Sections 32A, 62 (1) and 136 High Court Chartered Accountants scope and the application of the discrimination between accounting procedures should be accepted on the declaration of commercial results declared by the Assisi. In the presence of a Qualified Certificate by the Accountant, and the qualification is that they did not determine the price of stocks and stores and confirmed the markup payable. Or scrutiny of bills payable by certification; in accordance with the provisions of Section 32A of the Income Tax Ordinance, 1979, the trading accounts of the Assisi were justified in the interpretation of the provisions of Section 32A of the Ordinance. There was a difference between the method and the account error. Inquiries will not be made in view of the fact that the reviewer's Chartered Accountant audited the accounts and confirmed that, while composing the notice with the Profit and Loss accounts of the Balance Sheet, the matters of the Essex Company were correct. And presented a fair opinion and therefore it cannot be suggested that the method of accounting was such that the income could not be deducted after which the certificate issued by the Chartered Accountants was not invalid and no material or proof of it was obtained by the Assessing Officer. The source was not collected or relied on. The Assessing Officer did not issue a notice to the assessee under section 62 (1) of the Ordinance, obligation of statistics and the cancellation of books of accounts without recording any offensive and lawful reasons. Proceeded to The certificate above was qualified, the account fully
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