Sections 184 (2) (a), 122 (5) and 111 amending the review to cover the fine income Sales tax audit during the audit proceedings found that the sale of the company was diverted to the joint directors' accounts. Is. The valuation of the company was replaced with the idea that the sale of the company was diverted to the directors 'joint accounts, which resulted in an increase in announced earnings, which the taxpayer claimed amounted to the directors' bank accounts. There is no nexus between. Taxpayers' sales receipts and the fact that the required components were specifically missing the availability of `sure information of 'The department says that the directors' joint accounts are in fact anonymous accounts of the company in which the company is under pressure / unknown. The sale was submitted. ; And Section 122 (5) of the Income Tax Ordinance 2001 was rightly sought and consequently the amended order passed was in accordance with the law. Not only did the department not include the directors in the amendment, but surprisingly, they were not asked about it. With regard to the amounts in the existing accounts of the directors, the right thing to do was to issue a notice under section 111 of the Income Tax Ordinance 2001, in order to find it. can go. In order to ascertain the nature and source of such entries, an explanation in respect of credit entries in the bank accounts of directors which was initiated under section 111 of the Income Tax Ordinance 2001, in addition to the law, was also levied. To fail
