| Citation(s) |
|---|
| 2025 SLG 4909 2025 SLD 4909 |
Appellate Tribunal Inland Revenue, Islamabad
MA(Cond) No.143/IB/2025 In ITA No.271/IB/2025 (Tax Year 2022)
PRESENT; (M. M. AKRAM) JUDICIAL MEMBER (DANISH ALI QAZI) MEMBER
Appellant By: Mr. Asif Raza, FCA
Respondent By: Mr. Zulfiqar Khosa, DR Date of Hearing: 19.08.2025 Date of Order: 25.08.2025
MA(Cond) No.143/IB/2025 In ITA No.271/IB/2025 (Tax Year 2022)
PRESENT; (M. M. AKRAM) JUDICIAL MEMBER (DANISH ALI QAZI) MEMBER
Appellant By: Mr. Asif Raza, FCA
Respondent By: Mr. Zulfiqar Khosa, DR Date of Hearing: 19.08.2025 Date of Order: 25.08.2025
Aslam Khan Shop No.1, Mughal Market, Shar Shah Suri Road, Jhangi Syedan, Islamabad. Reg No. 6110167377727 Applicant
VS
Commissioner Inland Revenue, RTO, Islamabad Respondent
Law: Income Tax Ordinance, 2001
Section: 122(9), 122(1), 111(1)(b), 218, 218(1)(d), 131
Law: Income Tax Rules, 2002
Section: 74
SUMMARY;
The taxpayer filed income tax return for 2022 but was subject to enquiry under section 122(9) due to suspected undeclared investment in immovable property.
The Assessing Officer passed an ex-parte order adding Rs. 69,800,000 to taxable income based on lack of satisfactory explanation.