KOHAT CEMENT COMPANY LIMITED, LAHORE versus C.I.R. (LEGAL), LTU, LAHORE
Implementation of additional tax for non-payment of tax liabilities under sections 54, 62, 7, 88, ??7, and 4 134. Additional tax was levied on non-payment of tax liability to the applicants / taxpayers and The relevant taxpayer's return was submitted by the relevant estimator with the return of the year, after adjusting the tax credit available under section 107AA of the Income Tax Ordinance, the payable tax was submitted, 1979 the payable tax-related assessment year. On the basis of the return and in this case the Deputy Commissioner would have thought that the tax credit was not available. Taxes payable by the taxpayer will be recalculated. The taxpayers were to determine / calculate the tax payable as per the declaration in return for the corresponding period, which would be payable tax on the basis of such return if the declaration in return was section 62 of the Income Tax Ordinance, 1979 And any amendment made under section 65 or other provisions, shall not be taxable taxable under the latter section. The ordinance action taken under section 88 of the Income Tax Ordinance 1979 was declared to be against the provisions of the law and was canceled, in the circumstances
