Find a Lawyer

HOECHST PAKISTAN LTD. versus COOPERATIVE INSURANCE SOCIETIES

Sections 34 (2) and 25 (1) restrict the valuation of the diagnostic firm's account closing on July 31 of each year, the 1966 67 estimates related to the accounting year ended July 31, 1965, before The Assisi firm was created. The company was dissolved on 30 6 1966 and the business of the company was closed from that date in which the account period continued from 1 8 1965 to 30 6 1966, the income year 1966 1967, Assisi filed the return file on 14 9 1966. Followed by another company. The accounting period associated with the next year 1966 67 to 1 8 1965 to 30 6 1966 67 shows the same data which is a dispute of the Assissee that on the income of 30 19 1966 the firm could be dissolved by the end of 30 acc 1966. Cannot be targeted. The tax assessment was to be taxed for the year 1967 1968 and for the period between 1 8 1965 to 30 6 1966 for the year 1966 67. In fact, the income tax officer had terminated the assessment of 1972 and his Period four list of advocates from Pindi Bhattian lawyer