| Case ID |
1a115f7d-9604-4a40-ba42-f9cffdcb9cd4 |
| Body |
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| Case Number |
ITA NO. 1097/LB/2024 |
| Decision Date |
Mar 21, 2024 |
| Hearing Date |
Mar 21, 2024 |
| Decision |
The Appellate Tribunal Inland Revenue, Lahore, delivered its decision on ITA NO. 1097/LB/2024 on March 21, 2024. The case revolved around the application of Section 120(1) of the Income Tax Ordinance, 2001. The tribunal, with Mian Tauqeer Aslam presiding, carefully considered the arguments presented by both the appellant and the respondent. The appellant, represented by Mr. Iqbal Anwar Mehndi, put forth compelling evidence, while the respondent, represented by Mrs. Mahrukh Imtiaz, countered with strong legal arguments. Ultimately, the tribunal provided a ruling that addressed the key issues raised during the hearing, ensuring adherence to the relevant tax laws and regulations. The decision underscored the importance of compliance with the provisions of the Income Tax Ordinance and its implications for tax liabilities. |
| Summary |
The case ITA NO. 1097/LB/2024 adjudicated by the Appellate Tribunal Inland Revenue in Lahore on March 21, 2024, involved significant aspects of the Income Tax Ordinance, 2001, particularly Section 120(1). The appellant, Mian Amer Rashid, engaged in a legal dispute concerning tax liabilities, represented by Mr. Iqbal Anwar Mehndi. The respondent, CIR, AEOI Zone, and LTO, Lahore, was represented by Mrs. Mahrukh Imtiaz. This case highlights critical issues in income tax compliance and the legal interpretations that arise in tax disputes. The tribunal's ruling emphasized the necessity for taxpayers to understand their obligations under the law and the consequences of non-compliance. This case serves as a reference point for future income tax cases due to its implications for tax practices and legal precedents in the region. It reflects ongoing trends in tax law and the importance of legal representation in navigating complex tax issues. |
| Court |
Appellate Tribunal Inland Revenue
|
| Entities Involved |
Not available
|
| Judges |
Mian Tauqeer Aslam
|
| Lawyers |
Mr. Iqbal Anwar Mehndi,
Mrs. Mahrukh Imtiaz
|
| Petitioners |
Mian Amer Rashid
|
| Respondents |
CIR, AEOI Zone,
LTO, Lahore
|
| Citations |
2024 SLD 3668
|
| Other Citations |
Not available
|
| Laws Involved |
Income Tax Ordinance, 2001
|
| Sections |
120(1)
|