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OCEANIC CONSTRUCTION CO., KARACHI versus COMMISSIONER OF INCOME TAX, ZONE `C\', KARACHI


Sections 12 (12) and 13 (2) certify the removal of the certified transaction, the effecting officer, unless it was authorized to disregard the sale price in the case of a verifiable transaction, unless the solution was to finance To deprive them of any shameful or collective and serious nature. In the current case of liabilities and taxes, not only did the examining officer assess the value of the property sold, he also acted against the law, but he also failed to produce any solid evidence to prove that the seller and buyer There was also mention of militancy among the people. Some transactions cannot justify the elimination of any verifiable transaction so as to provide evidence to the heavy-duty assessing officer that the other party (buyer) in this case may have a record through the seller's Income Tax Appellate Tribunal. Had paid more than the price paid, had no jurisdiction and authority to assess the sale price of the property and answer the question in affirmation in favor of the Department's principles. General Chat Chat Lounge r \ n

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