Sections 111, 114, 121, 122, 127 and 131 Unclaimed Income or Assets Best Practices The former party order department was notified that taxpayers had purchased property worth Rs. 10,000,000 as taxpayers allegedly. Did not submit a refund on The taxpayer was issued to offer the return of income tax was not complied with the notice issued by the department, the taxation officer took advance action against the person and made the best decision under section 121 of the Income Tax Ordinance. Passed the assessment, the investment made on the purchase of property in 2001 was treated as an unknown source and was increased under section 111 (1) (b) of the Income Tax Ordinance; the Commissioner on appeal) ) Remand for Taxation Officer Remand (Appeal) Failed to Apply Taxpayers Remanding Taxation Officer's Case Section 1 In passing the previous order under the prudent and conscious mind of the Income Tax Ordinance, 21/111 of 2001, the Commissioner (Appeals) under section 122C / 111 did the same, when the provisions of section 122C were made on the constitution book. There were none, the tax assessment was earlier passed by the tax officer. For the financial year 2008 for which the return of income was required to be submitted on or before 30 2008-10, it appears that the taxation officer passed the order in haste and issued a notice under section 116 of the Income Tax Ordinance 2001. The taxpayer did not have to make a statement of wealth or file a reconciliation to find out if the taxpayer had the resources to invest in the purchase of property.
