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C.I.R., R.T.O., GUJRANWALA versus USMAN RICE MILLS, GUJRANWALA

Section 122 Evaluation Modification / Informing Information electricity Assessing solids receipts at three times the power consumption, using the gross profit rate 50% and revising the assessment to increase profit and loss, First Appellate Authority The Assessing Officer failed to file a special notice under Section 122 (9) of the Income Tax Ordinance 2001, which resulted in the taxpayer's modification of the assessment while calculating his income. No definitive information for the acquisition can be obtained and proceed only on estimation. The appellate authority was maintained by the appellate tribunal \ r was n

Related judgments — Inland, 2012

• YOUSAF SUGAR MILLS, LAHORE v. COLLECTOR OF SALES TAX AND FEDERAL EXCISE, LTU, LAHORE 2012 PTD 759
• NEW LIGHT HOUSE (PVT.) LTD., LAHORE v. C.I.T., R.T.O., LAHORE 2012 PTD 761
• SAMAD PIPE INDUSTRIES (PVT.) LIMITED v. C.I.R., AUDIT 9, AUDIT DIVISION I, R.T.O.-II, LAHORE 2012 PTD 790
• SUI NORTHERN GAS PIPELINES LTD., LAHORE v. COMMISSIONER INCOME TAX, L.T.U., LAHORE 2012 PTD 801
• C.I.R., R.T.O., ISLAMABAD v. ASIF JAHANGIR 2012 PTD 839
• C.I.R., R.T.O., SUKKUR v. STAR LINK COMMUNICATION, Proprietor M. Raheel, Sukkur 2012 PTD 843
• ARZOO TEXTILE MILLS LIMITED, FAISALABAD v. C.I.R., R.T.O., FAISALABAD 2012 PTD 846
• AMJAD MAJEED KHAN v. C.I.R., R.T.O.-II, LAHORE 2012 PTD 851

All Inland judgments of 2012 →

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