| Citation(s) |
|---|
| 2025 SLG 1871 2025 SLD 1871 |
ITA No. 704/MB/2024
AUTHOR(S0: MUHAMMAD IJAZ ALI BHATTI, MEMBER AND CH. MUHAMMAD AZAM, MEMBER
Date of Hearing: 03.06.2025. Date of Order: 12.06.2025 Appellant by: Mr. Shabbir Fakhar-ud-din, ITP
Respondent by: Mr. Akhtar Suraj, DR.
M/S GULTEX (PRIVATE) LIMITED, VEHARI ROAD, MULTAN …………. APPELLANT
VS
THE CIR, RTO, MULTAN ………… RESPONDENT
Law: Income Tax Ordinance, 2001
Section: 114(6),121,122(1),122(3),122(4),126A,122(9),132(4) (b),176(6),177,177(1),177(6),218
SUMMARY:
The appellant, a private limited company engaged in furniture and furnishing business, filed a revised return for Tax Year 2017 under Section 114(6), declaring a loss of Rs. 1.69 million. The return was deemed amended under Section 122(3). Later, the case was selected for audit under Section 177. Despite issuance of multiple statutory notices and reminders, the taxpayer failed to comply or attend hearings. Consequently, assessment was amended under Section 122(4), raising income to Rs. 86.48 million.
The taxpayer challenged the order, arguing primarily that notices were not duly served in accordance with Section 218 and that it was denied a fair opportunity of hearing. The AR further submitted that documents in support of the taxpayer’s stance were available and could be produced.