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I.T.A. NO. 4744/LB OF 1986-87, DECIDED ON 2ND NOVEMBER, 1994. versus I.T.A. NO. 4744/LB OF 1986-87, DECIDED ON 2ND NOVEMBER, 1994.


Income Tax Ordinance 1979 Section 13 (1) (d) Section 13 (1) (d), additional deducted income increase under Income Tax Ordinance 1979 was made on the basis that the Assessing Officer paid for the acquisition of the property. Outward thinking was rejected. It did not say whether the Assessing Officer did or did not justify the acquisition of the property during this year, but the Assisi did not provide a reasonable explanation for the source of the property being held, where The property was acquired by him. Registered Practices Generally, the consideration by this sales deed should be accepted by the tax authorities as the value of the property until they can prove that the consideration stated in the process is too short and the reason Asmussi has acquired property by spending more money.

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