C.I.R. LEGAL DIVISION, LTU, LAHORE versus SERVICE INDUSTRIES LIMITED, LAHORE
Section 21 deductions not allowed Profit and Loss Estimation Assessment A company has previously filed a permit from the Appellate Authority Department by the undocumented economy due to the absence of reliable documentary evidence. The taxpayers were properly faced with non-verification of expenditures. This was done only when the taxpayer could not provide a satisfactory explanation. And the observation of the First Appellate Authority's directive on the elimination of non-availability of expenditures was that appropriate vouchers were not issued in connection with the purchase of multiple items in the cash economy like ours. Taxpayers said this was not possible in the undocumented economy. Suitable vouchers for every expense because different item vendors from which different items were purchased did not issue appropriate vouchers. And because of the system of checks and balances operatives in the company, fake, fake and fake vouchers could not be thought of, the taxation officer could insist that it was just a documentary and reasonable expense guarantee. ? Acceptable deductions can be allowed, but the department cannot afford to lose facts due to small business concerns who conduct their business on cash basis and issue raw vouchers and that too at the demand of the consumer, the buyer will receive the appropriate voucher. Can't do These small business conferences, because they were not in the habit of doing so, cannot be emphasized by taxpayers' claims that a public limited company is scattered across multiple locations in the business.
