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MESSRS SHAHAB INDUSTRIES LTD: KARACHI versus THE COMMISSIONER OF INCOME-TAX, CENTRAL ZONE, KARACHI

Section (4 ()) (e) Assessment of rejection of account books by the Income Tax Officer to the Appellate Tribunal In turn the lower gross profit was estimated by the Income Tax Officer for the rejection of Essay's account books. The tribunal did not accept the implied reasoning for the. The commercial results announced in previous years were accepted which were not negatively responded by the Income Tax Officer Tribunal on the reasons given by Assamsee for the reduction in gross profit, which was held by the Income Tax Officer. There was no justification for sending the case back, to no avail. In the case where any speculation or commitment was demanded, the reduction in gross profit alone was also not enough to get a remand in the case, as the tribunal overturned the income tax officer's argument. The matter should have been decided by turn. Instead of sending it back to the Income Tax Officer himself, according to the law on eligibility jobs for fresh advocates from FR Bannu / Lakki lawyer