Sections 67 and 131 Income Tax Rules, 2002, R 13 The deduction of taxpayers / banking company filing returns for the relevant tax year is believed to be completed under section 120 of the Income Tax Ordinance 2001 After the Additional Commissioner / Tax Officer amends the order by restoring the taxpayer's income, upon filing an appeal from the taxpayer, the Commissioner Income Tax (appeal), under an unknown order, partially disposes the appeal. Given, which were the questions required to review the grounds of appeal. (i) whether the Additional Commissioner properly allocated / distributed the profit and loss expenses in respect of exempt income, (ii) whether the Commissioner's Income Tax (Appeals) was justified in confirming the Additional Commissioner's order. Was the Commissioner Income Tax (Appeals) justified? Confirming the order of the Additional Commissioner, who confirmed the non-payment of creditors eligible for loan under section 29 of the Income Tax Ordinance, 2001, to maintain the conduct of the Commissioner Income Tax (Appeals) Issuing Officer. I was justified. All fields of appeal, judicially and legally, were properly resolved by the Commissioner Income Tax (appeal), and the appeal filed by the taxpayers was merit, dismissed. \ r \ n
