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I.T.AS. NOS. 1829 AND 2175/LB/1987-88, DECIDED ON 7TH NOVEMBER, 1994. versus I.T.AS. NOS. 1829 AND 2175/LB/1987-88, DECIDED ON 7TH NOVEMBER, 1994.


Income Tax Ordinance 1979 Section 13 (1) (d) Regarding the purchase of property on the basis of cost reduction by the assessee's assessee from estimating income as surplus, actions registered for purchase of property in the property Were provided, once a legal document such as a registered process was provided to the department, it cannot be thrown on the pure whim of the examining officer. To rule out such action, the department had to make sure that it had brought forth its concrete evidence and supported its view in the absence of any evidence. There is a legal document for the higher prices department and it has to accept the default price.

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