| Case ID |
0aac184b-6e5d-47ce-87fb-772e92233828 |
| Body |
View case body. Login to View |
| Case Number |
I.T.A. No. 1486/LB/2013 |
| Decision Date |
May 18, 2021 |
| Hearing Date |
May 18, 2021 |
| Decision |
The Appellate Tribunal Inland Revenue ruled in favor of the respondent, stating that the evidence required to support the exempt income claimed in the tax return was not provided. The High Court found that the same issue had previously been decided in a similar case, thus denying the petitioner's appeal. The Court emphasized the need for the Federal Board of Revenue/Inland Revenue to ensure proper documentation and attendance in court for revenue matters. The leave to appeal was declined, and the petition was dismissed. |
| Summary |
The case revolves around a show cause notice issued by the Deputy Commissioner Inland Revenue concerning the failure to produce evidence supporting exempt income in a tax return. The Tribunal initially ruled in favor of the respondent, leading to an appeal by the petitioner. The High Court noted that the matter had been previously adjudicated in another case, thus reaffirming the Tribunal's decision. This case highlights the importance of compliance with tax regulations and the necessity for tax authorities to present adequate evidence in court. The Federal Board of Revenue was urged to improve their procedural efficiency in handling court cases. The decision emphasizes the critical nature of timely responses to audit reports and the implications of non-compliance in tax matters. |
| Court |
Appellate Tribunal Inland Revenue
|
| Entities Involved |
Not available
|
| Judges |
DR. MUHAMMAD NAEEM, ACCOUNTANT MEMBER,
MIAN TAUQEER ASLAM, JUDICIAL MEMBER
|
| Lawyers |
Mr. Mansoor Beg,
Mr. Ali Noor
|
| Petitioners |
M/S THE BANK OF PUNJAB, LAHORE
|
| Respondents |
CIR, Zone-I, LTU, LAHORE
|
| Citations |
2022 SLD 740,
(2022) 125 TAX 293
|
| Other Citations |
Commissioner Inland Revenue v Falah ud Din Qureshi (2021) 124 TAX 609 (H.C. Lah.),
2021 PTD 192
|
| Laws Involved |
Income Tax Ordinance, 2001
|
| Sections |
113,
113(1),
122(5A),
122(9),
133,
221
|