CIRCULAR-LETTER NO: IT-JTI-1(135)/85 DATED: 25/08/1985

SROS: CIRCULAR-LETTER NO: IT-JTI-1(135)/85 DATED: 25/08/1985 COMPLETION OF PENALTY PROCEEDING WITHIN A REASONABLE TIME LIMIT -- INSTRUCTIONS REGARDING CIRCULAR-LETTER NO: IT-JTI-1(135)/85 DATED: 25/08/1985 GOVERNMENT OF PAKISTAN CENTRAL BOARD OF REVENUE Islamabad, the 25th August, 1985 SUBJECT:-- COMPLETION OF PENALTY PROCEEDING WITHIN A REASONABLE TIME LIMIT -- INSTRUCTIONS REGARDING. Time limits for the completion of penalty proceedings, initiated for various defects, have not been prescribed under the Income Tax Ordinance, 1979. This, however, does not imply that such proceedings can be left pending indefinitely and completed at will by the assessing officers. 2. Courts have held that inordinate delay in completing such proceedings is improper. Penalties must be imposed within a reasonable time after the issuance of show cause notice intimating the tax payers the intention of the assessing officer for taking penal action. Orders of the assessing officers, imposing penalties, passed after a lapse of few years from the date of issuance of show cause notices were quashed by the Courts.…