| Citation(s) |
|---|
| 2021 SLG 59 2021 SLD 59 (2022) 125 TAX 341 |
I.T.A. No. 190/KB/2019 (Tax Year 2017), Date of Order:13.12.2021, Date of Hearing: 24.11.2021
MR. AAMIR MAQSOOD, JUDICIAL MEMBER DR. TAUQEER IRTIZA, ACCOUNTANT MEMBER
Appellant by: Mr. Taimoor Ahmed Qureshi, Advocate
Respondent by: Mr. Aijaz Ahmed Butt, D.R.
SYED TARIQ AYUB BUKHARI, HOUSE NO.R-42, BLOCK-5, FEDERAL B AREA, KARACHIVSTHE COMMISSIONER-IR, RANGED, ZONE-II, RTO-III, KARACHI
Law: Income Tax Ordinance, 2001
Section: 3,4,9,11,12,12(18),15,18,37,39,39(3),122 ,122(5A),122(9)
SUMMARY;
Appellant's Background: The appellant is an individual taxpayer engaged in the business of clearing and forwarding. They filed an income tax return for the tax year 2017, declaring a taxable income of Rs. 10,000/-, which became a deemed assessment order.
Dispute: The Additional Commissioner Inland Revenue amended this assessment under Section 122(5A) of the Income Tax Ordinance, 2001, due to discrepancies in the return. The amendments included adding income from a life insurance policy maturity, gifts received, and other adjustments.
Appeal Grounds: The appellant appealed against this order on several grounds, including lack of proper opportunity to be heard, incorrect interpretation of tax laws, and unjustified additions to taxable income.