I.T.A. NO.1117/ KB OF 1982-83, DECIDED ON 9TH FEBRUARY, 1988. versus I.T.A. NO.1117/ KB OF 1982-83, DECIDED ON 9TH FEBRUARY, 1988.
Sections 62 and 32 of the Controller Board of Revenue Circular No. 2 197 Issuing part of the receipt of a contractor during the work of the officer in charge of the Income Tax of 1975, wherever in the Assessment Order the suspected books, accounts and other registers which were earlier The order of assessment was not submitted, indicating that the examining officer briefly rejected the books of the account, which was retained by the Assisi, withdrawing from the method adopted in the past. The appropriate trading account was maintained by the Assisi for. Every year, work is underway, and only 25% of work is not done, even the unfinished projects are not taken into consideration; the books of Assisi's accounts were not scrutinized to determine whether the asset returns. Determined whether or not to be incomplete, the Assessing Officer was not justified in rejecting the business results on incomplete projects, but had to accept the trading results on the basis of employment accounting methodology by SCCW.
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