Law: Income Tax Ordinance, 2001

Section: 105A, PART IV 2nd Schedule, 53, 177, 214C

Head Note;

Exemption from audit under Clause 105A of part-4 of 2nd Schedule. Preceding 4 tax years interpreted. It is not from the date of finalisation of audit but from the tax year involved.

SUMMARY;

The case concerns a petition filed by the Petitioner seeking to declare the Income Tax audit for Tax Year 2023, initiated through a notice dated October 11, 2024, as unlawful. The Petitioner argues that they are entitled to an exemption from audit under Clause 105A of the Second Schedule of the Income Tax Ordinance, 2001, which states that individuals whose tax affairs have been audited in any of the preceding four tax years are exempt from such audits.