Section 131, 143B and 221 Appraisal Order Evaluation Order Cancellation, Private Limited Company, Appellate Tribunal Assessment, Private Limited Company, filed statements under section 143B of the Income Tax Ordinance 2001 which are accepted as Assessment Officer. Had observed that the Assisi company received interest from the banks and deducted 10% tax on it, and in doing so, the Assisi company failed to deduct the tax by applying the nominal interest rate applied to the private limited company, The first two years were 43% for diagnosis and 45% for the next two years. Angry over the years, the Appellate Authority was treated by the Assessing Officer, which had canceled the order passed by the Assessing Officer under Section 221 of the Income Tax Ordinance, 2001, This behavior was unreasonable and the revenue was rejected. In the appeal before the Appellate Tribunal action in cancellation of the Assessment by the Appellate Authority / Commissioner Income Tax (appeal), the rder was valid for the first three years (1999, 2000, 2000 01 and 2001 02) because it was stated that the Income Tax Ordinance. Under section 2121 of 2001, the Assessment Order cannot be rectified even after five years have passed since the approval of the Income Tax Order. Appeals) were upheld to the extent of this assessment for the first three years, and to that extent the appeal was excluded because of their qualification in relation to the assessment of 2002, the Assessment / Respondent filed the Income Tax Ordinance 2001 and The statement was filed under Section 1414B. Income Tax (Appeals), on the basis of the last discharge of liability, had canceled the 03 Order relating to this assessment year 2002 on the wrong grounds. First of all
Related judgments — Income Tax Appellate Tribunal Pakistan, 2010
