C.I.T., LEGAL DIVISION, RTO, LAHORE versus PLASCOAT SYSTEM, LAHORE
Sections 114, 115 (4), 120, 122 (5A), 131 and 153 Tax deduction from the total amount paid for furnishing return assessment equipment and services under section 120 of the Income Tax Ordinance 2001 Was completed And upon checking the records, it was found that the assessee had filed a statement under section 115 (4) of the Income Tax Ordinance 2001 till tax year 2004 till tax year 2004, for tax year 2005, the assessee had filed the return. ? Under Section 114 of the Income Tax Ordinance, 2001, under the Normal Tax Regime, while it had a legal obligation to exercise the option of success for three years, the Assisi must comply with the Income Tax Ordinance 2001 for the year. A statement must be filed under section 115 (4). Instead of eliminating the return under the common law, the tax officer observed that the logistics account provided to the various parties failed to meet the requirements of the law and the assumption was proved wrong. The Association was, as a manufacturer, subject to the legal obligation to exercise that authority for three years thereafter and also for tax years 2005 under section 115 (4) of the Income Tax Ordinance 2001 Was to file a statement under the tax regime. Instead of filing a return under the normal tax regime, the provision given to the various parties did not meet the requirements of the law; the full assessment after understanding the provisions of section 120 of the Income Tax Ordinance 2001 was invalid and with it The Revenue Tax Officer's interest was also biased. The review was amended under section 122 (5A) of the Annual Income Tax Ordinance 2001 and the deduction of tax under section 153 of the Supply Ordinance
