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Section 122 (5A) Evaluation Amendment The Association of Companies banned from the business of accumulated profits, handled limited company / evaluators, including proceedings for amending the assessment under section 122 (5A) of the Income Tax Ordinance 2001 Has been launched. Because the reviews are still prejudicial to the interests of the taxpayers because of the huge amount of profit accumulated over the years, with no trace left, the Validity Assessment Company regularly files its returns. Remained and the evaluation was completed. After proper consideration of the relevant details, the basis of the accounts submitted with the withdrawal was not a matter for proving that the SCCC concealed the original details of its income / profit if the Department argued that the OP AOP \ At the time of carrying out the business, the company also became the owner of the full amount of accumulated profits and as such, the tax became the company's income tax was accepted / accepted, then the proceedings were legally invalid because only the so-called. Income can be levied in the relevant year () only by the department already taxing the receipts already attended. Was granted and the proceedings in this regard had reached a final conclusion. Under Section 122 (5A) of the Income Tax Ordinance 2001, such an assessment was timely barred in the wrapping of proceedings and could not be taxed again after being declared / reviewed more than three years ago. Section 122 (5A) of the Income Tax Ordinance, 2001 required that the assessment order should still be invalid as it was prejudicial to the interests of income tax but for many years the adjusted profit, for this reason. patent advocate from Dinga lawyer