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MUHAMMAD ARSHAD versus C.I.R., R.T.O., MULTAN


Sections 121, 122c, 120 and 114 (4) for the submission of income tax declaration were issued notice of the best assessment of the decision under section 114 (4), saying that the notice was not complied with the section of the Income Tax Ordinance 2001 Former review under 121 has been finalized in clause (1) of sub-section (1) of section 121 of the Income Tax Ordinance 2001, section 122 of the Income Tax Ordinance 2001 through the Finance (Amendment) Ordinance, 2010 through Income Tax Ordinance 2001. Was deleted and re-entered in the form of C. , Which provides that if a person fails to provide a return of income for any tax year, the Commissioner, on any available information or materials, and, at his best judgment, of taxable income Do a temporary review and issue a temporary assessment order. Estimation of income or income from tax under section (2) of section 122c of section 122c of the Income Tax Ordinance, 2001 also provides for the provisions of section 122c that a temporary assessment after the expiry of 60 days. The order date of service, this will be considered the final evaluation order. Section 11 (2A) of section 116 of the Income Tax Ordinance 2001 will not be finalized with the return of income along with the required wealth statements, statement of wealth reconciliation and other documents. The Finance Act, 2013 has now reduced the 60-day period to 45 days. The omission of section (1) of section 121 of the Income Tax Ordinance 2001, by the Finance Act 2010, shows the intention of the Legislature that the decision under section 121 of the Income Tax Ordinance 2001 is the best of the decision after 2010 7. Could not review, Section 122C of the Income Tax Ordinance 2001

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