Sections 38, 131 and 221 Income Tax Ordinance (XXXXI of 1979), Section 80D Appeal to appeal to the appellate tribunal appellant / department through two appeals affected the stable order of Commissioner Income Tax (appeal) Commissioner Income Tax (appeal). Had done. On the increase in the sale of land under section 80D of the Income Tax Ordinance 1979 and it has been observed that Section 80D of the Income Tax Ordinance 1979 clearly stated that where no tax was received by the company Used to go , Then the minimum taxpayer will be 5% of the income of the taxpayer as the taxable tax payable by the assessee under the Income Tax Ordinance, Section 80CC (repealed) was less than 5% tax on the turnover of this asset. ? (Canceled) Taxes received under Section 80D of Income Tax Ordinance 1979 (Withdrawal) Income Tax Ordinance was made in the original assessment under Section 62 of 1979, but the taxation officer corrected it without any justification or Under section 221 of the Income Tax Ordinance 2001, despite the fact that the Commission's position in the matter for the assessment year 2002 2003 was already accepted by the Commissioner of Income Tax, Income Tax (appeal), in the circumstances it was rightly It was held that the Income Tax Ordinance would be taxed under Section 80D of 1979 as the Ordinance Appellate Tribunal had already said that the land acquired on settlement A benefit is an investment that is not taxed. (Canceled) Income Tax Ordinance was imposed on the taxpayer's business under section 80D of 1979 and not on capital gains because it did not form part of the Turnover Commissioner's Income Tax (appeal), taxation under it. Was deleted as Section 80D imposed on sale of land \
Related judgments — Income Tax Appellate Tribunal Pakistan, 2010
