Law:

Section:

Keywords: Consideration, Omissions, Notices, Failure, Advance Tax, Prejudice, Imposition, Demand Notice, Additional Tax, Retrospectively, Legislative Intent, Liabilities, Enforcement, Payment, Order, Change, Prima Facie, Cancellation, Assessment Year, Privy Council, Period, Local Authority, Notification, Grounds, Board Of Revenue, Orders, Re-Assessment, Returns Of Income, Association Of Persons, Classes, Provisions, Ultra Vires, Notice, Assets Transferred, Returns, Necessity, Liability, Finance, Adequate Result: Question answered in the affirmative JUDGMENT [The judgment of the Court was delivered by Z.A. Channa, J.]-On the application of the assessee, Malik Taimur Shah, the Appellate Income Tax Tribunal, hereinafter referred to as the tribunal, has referred under Section 66(1) of the Income Tax Act, 1922, for the decision of this Court, the following three questions said to have arisen from the Tribunal's order, dated 22nd November. 1966:- (1) Whether on the facts and in the circumstances of the case, the Tribunal was right in holding that additional tax was properly1 levied for non-payment by the due dates, of the regular tax determined by the Income Tax Officer in respect of the charge years 1958-59 (supplementary), 1959-66 to 1960-61? (2) Whether on the facts and in the circumstances of the case, the Tribunal was right in holding that cancellation of the original assessment, in the firm's case automatically cancelled the applicant's original assessment and for that reason the Income Tax Officer could make the second assessment?, (3) Whether on the facts and in the circumstances of the case the Tribunal was right in regarding sub-sections (2-B) and (2-D) of section 34 of the Income Tax Act, so far as they affected the assessment relating to the period to 8th June, 1962 as validly enacted being intra vires of the Legislature and the re-assessment for the charge year 1958-59 (supplementary) was a valid and proper assessment? The assessee is a partner in the firm of Messrs Mustafa R.C.C. Pipe Works, Karachi, His assessment for the charge year 1958-59 (supplementary) was finalized on 31-12-1964 while his assessments for the charge years 19^9-60 and 1960-61 were…

Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in /home/digixyei/sldsystempk.com/view/master-layout/view_case.php on line 492