Section 122 (5A), 39 and Second Schedule, Part I, CL 132 Modification of Appraisal Due to reopening of the case under section 122 (5A) of the Income Tax Ordinance 2001 for sale of sludge and scrap sales from other sources. It was wrong to be prejudiced for income tax interest because the taxpayers did not offer any other taxable income in return and were not taxed accordingly. And the sale of sludge was not actually the taxpayer's revenue but the reduction of input costs and the use of such activity for the production of electricity from the plant. S I had was directly linked to the exemption and such other income consisted of the sale of scrap and mud, was also exempted from the estimated sales of the sled. (Which, according to him, was wasted) was out of business activities and was covered by income taxable income under section 39 of the Income Tax Ordinance. , 2001 The appellate tribunal upheld the orders of the officers below and the appeals filed by the taxpayers were dismissed.
Related judgments — Income Tax Appellate Tribunal Pakistan, 2010
