Find a Lawyer

I.T.A. NO. 3509/LB OF 1995, DECIDED ON 14TH DECEMBER, 1995. versus I.T.A. NO. 3509/LB OF 1995, DECIDED ON 14TH DECEMBER, 1995.

Income Tax Ordinance 1979 Sections 13 and 59 CBR Circular No. 7 (13) dt 14/93, dated 29 6 1993 Not to be excluded from the Self Assessment Scheme for the purchase of property by property purchase review section. 13, Income Tax Ordinance, 1979 was valid for the purpose, it had tax hidden income and if the Assessment had provided documentary evidence to determine the value, this value would have been applicable for the purposes of Section 13, Income Tax Ordinance 1979. Should be accepted, as long as the Assessing Officer had some solid material evidence at which he could legitimately quote the Assessment Price S may be different depending on which cells normally deadline on Property Act, which turns as a solemn document, the rules of the 1879 transfer. The officer assessing the Registration Act, 1908 and Stamp, Act, 1899 could not reduce its apparent value if the property's market value was upside-down in the assessment order approved by the Assessing Officer. Assessing officer failed to justify that the case could be excluded for proper diagnosis. The scope of the Self Assessment Scheme was corrected, especially when there was nothing on the record to show that the salesman had spent more money on the purchase of the property than it did on the sale and Replays were also considered genuine and appropriate in terms of actions. The quality h at the time of enrollment of the sale works by the District Collector / Sub-Registrar should be observed and followed. criminal advocate from Kashmir lawyer