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RIZWAN AHMED versus COMMISSIONER OF INCOME TAX, AUDIT DIVISION-II


Income Tax Ordinance (XLIX of 2001), Section 120 ACCR Circular No. 3 Period 1 7 2008 2008 CBR Circular No. 7 Period 19 7 2008 CBR Circular No. 8, 5 of 2008 2008 Investment Tax Scheme Application Scope Investment The Tax Scheme, 2008, which was created to allow for unannounced income through tax payment, was subject to the provisions of the Income Tax Ordinance 2001, which meant that the clause was not an obligatory clause, the Income Tax Ordinance. All provisions of 2001 will remain intact. In the course of making any scheme, the insurance scheme will not be applicable ?? on the income which was not escaped from the assessment and still has the status of the matter in a diagnostic process but was not charged if any amount. Already received. Or was subject to payment and proceedings are pending in this regard, the Investment Tax Scheme, 2008 cannot be extended on such income even if the Board did not release the CBR Circular No. 8 2008 date. Was. d 5 9 208, Investment Tax Scheme, 2008, because of the definition of \ given unknown income of, could not be allowed in relation to the income for which the department had already issued the notice or He was in someone's case. The income related to the tax year 2008 scheme was to be within the parameters determined by the principles of Section 120A, Income Tax Ordinance, 2001 \ r \ n

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