| Citation(s) |
|---|
| 2025 SLG 1824 2025 SLD 1824 |
ITA No. 63/KB/2024
PRESENT: MR. FAKHAR-UL-ZAMAN AKHTAR, MEMBER AND MR. EMAD UL HASAN, MEMBER
Appellant by: Mr. Nadir Hussain Abro, Advocate
Respondent by: Mr. Saad Ali, D.R. Date of Hearing: 14.04.2025. Date of Order: 05.05.2025
MR. ASHFAQ ZAKARIA, KARACHI......APPELLANT
VS
THE COMMISSIONER-IR, ZONE-V, CTO, KARACHI......RESPONDENT
Law: Income Tax Ordinance, 2001
Section: 7E
Law: Constitution of Pakistan, 1973
Section: 218
SUMMARY:
The appellant-taxpayer challenged the orders passed by the Additional Commissioner Inland
Revenue (ACIR) and the Commissioner Inland Revenue (Appeals-III), Karachi, under Section 7E of the Income Tax Ordinance, 2001. The taxpayer filed a return declaring income of Rs. 469,800, which was deemed assessed under Section 120(1). However, the assessment was amended u/s 122(1) on the grounds that the taxpayer had not paid tax under Section 7E (deemed income from capital assets). The amendment was made ex parte, allegedly without issuing proper notices or providing a fair hearing.