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I.TA. NO. 5661/LB OF 1986-87, DECIDED ON 26TH SEPTEMBER, 1994. versus I.TA. NO. 5661/LB OF 1986-87, DECIDED ON 26TH SEPTEMBER, 1994.


Income Tax Ordinance 1979 Section 13 (1) (d) Asset Income Tax Officer can estimate the value of an increase in income if he finds out that his value is written in its value. He spent more money than he earned. However, any purpose must be based on the standard if the value of the property assessed by the Income Tax Officer does not support any material evidence, the value of the property declared by the assessee must be accepted.

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