| Case ID |
08c9b395-a370-48bb-9b06-dff26a8bf1be |
| Body |
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| Case Number |
ITA NO. 1101/LB/2024 |
| Decision Date |
Mar 21, 2024 |
| Hearing Date |
Mar 21, 2024 |
| Decision |
The Appellate Tribunal Inland Revenue delivered its decision on the appeal filed by Mian Abdul Rashid against the CIR, AEOI Zone, LTO, Lahore regarding the Income Tax Ordinance, 2001. The tribunal carefully evaluated the arguments presented by both parties. After a detailed examination of the evidence and the relevant provisions of the law, the tribunal concluded that the appellant had a valid case under Section 120(1) of the Income Tax Ordinance. The decision emphasizes the importance of compliance with tax regulations and affirms the rights of taxpayers to appeal against decisions made by tax authorities. The tribunal ordered that the matter be revisited in light of the evidence presented, ensuring that justice is served in accordance with the law. |
| Summary |
The case of Mian Abdul Rashid v. CIR, AEOI Zone, LTO, Lahore revolves around the interpretation and application of the Income Tax Ordinance, 2001, specifically Section 120(1). The Appellate Tribunal Inland Revenue, Lahore, presided over by MIAN TAUQEER ASLAM, examined the appeal filed by Mian Abdul Rashid against the tax authority's decision. The tribunal's ruling underscores the critical nature of adhering to tax obligations while simultaneously allowing taxpayers the opportunity to contest decisions that may adversely affect their financial standing. This case serves as a significant precedent for similar tax-related disputes, highlighting the balance between regulatory enforcement and taxpayer rights. The tribunal's decision not only impacts the appellant but also sets a standard for future cases concerning income tax disputes. Keywords such as 'Income Tax Ordinance,' 'taxpayer rights,' and 'Appellate Tribunal' are vital for understanding the implications of this ruling within the broader legal context of tax law in Pakistan. |
| Court |
Appellate Tribunal Inland Revenue
|
| Entities Involved |
Not available
|
| Judges |
MIAN TAUQEER ASLAM
|
| Lawyers |
Mr. Iqbal Anwar Mehndi,
Mrs. Mahrukh Imtiaz
|
| Petitioners |
Mian Abdul Rashid
|
| Respondents |
CIR, AEOI Zone, LTO, Lahore
|
| Citations |
2024 SLD 3665
|
| Other Citations |
Not available
|
| Laws Involved |
Income Tax Ordinance, 2001
|
| Sections |
120(1)
|