Law: Income Tax Ordinance, 2001

Section: 133(8)

Law: Voluntary Declaration of Domestic Assets Act, 2018

Section:

 Summary

The applicant-taxpayer filed a Reference Application under Section 133 of the Income Tax Ordinance, 2001, challenging the order of the Appellate Tribunal Inland Revenue dated 19.12.2022.

The Appellate Tribunal had not finally decided the tax dispute. Instead, it remanded the matter to the Officer Inland Revenue (OIR) with directions to:

• obtain the taxpayer's wealth statements;
• reconcile bank transactions with declared income;
• verify declarations made under the Voluntary Declaration of Domestic Assets Act, 2018 (VDOA 2018); and
• pass a fair decision after proper reconciliation.

At the hearing before the Lahore High Court, the taxpayer's counsel conceded that the impugned order was merely a remand order.