Law:

Section:

ORDER MASOOD AKHTAR SHADEEDI (Accountant Member. Through the titled appeal the department has challenged the order No. 13 dated 20.12.2012 for the tax year 2009 passed b\r the learned CIR(A-II), Lahore. 2. Mr. Muhammad Aslam, DR (RTO) is present on behalf of the department as well as Mr. Rizwan Bashir, FCA is present on behalf of the respondent-taxpayer. 3. The learned DR has challenged the deletion of addition made by the CIR(A) at Rs.533,400/- on account of "Rent" u/s 21(c), Rs.868,606/- in respect of "Loan to Directors" and Rs. 1,392,000/- made u/s 21(1) under the head "Directors Remuneration". He contended that the CIR(A) was not justified to delete the same as the taxpayer failed to produce documentary evidence at assessment stage in support of its claims, therefore, the assessing officer has rightly made the additions. On the other hand the learned AR of the taxpayer has supported the impugned order by reiterating the arguments as made before the CIR(A). He submitted that complete set of supportive documents in respect of claimed expenses were duly furnished before the assessing officer but she escaped her consideration. He submitted that said documents were also produced before the learned CIR(A) who admitted the same in the light of provisions of section 128(5) of the Ordinance and…

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