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COMMISSIONER OF INCOME TAX/WEALTH TAX, PESHAWAR versus HAROON BILOUR


Section 13 (1) (AA) and (B) property transfer act (1882 of I82), sections 573 and 54 registration act (XVI of 1908), sections 17 and 49 registered or unregistered sale contract which is his property About the increase in has been implemented by Assisi. Under section 13 (1) (AA) of the Income Tax Ordinance, 1979, for the purpose of taxation, the sale of such property in the name of this property shall not be awarded by title or by title document. Such an agreement would constitute a legal right for the buyer. The property claims to own, but cannot be named, the acquisition of the property to exclude the operation of section 13 (1) (a) of the Income Tax Ordinance, 1979, for the acquisition of the property. For, the provisions of Section 353's Transfer of Property Act, 1882 will not be effective automatically. Verbal confession of title on the basis of such contract of income tax shall not be affected by the transfer of the property in the name of the buyer without the transfer of the property in the manner admitted in law. Shall be deemed to be the property of the original owner for all practical purposes including income tax assessment

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