| Case ID |
2b14f454-072c-4c87-8779-de4663b844b0 |
| Body |
View case body. Login to View |
| Case Number |
ITA No. 4252/LB/2023 |
| Decision Date |
Aug 21, 2023 |
| Hearing Date |
Aug 17, 2023 |
| Decision |
The case revolves around the interpretation of Section 176 of the Income Tax Ordinance, 2001, which pertains to the procedural aspects of tax assessments and appeals. The Appellate Tribunal, after hearing the arguments presented by both parties, upheld the findings of the lower tax authorities while clarifying the requisite documentation needed for tax compliance. The Tribunal emphasized the importance of adhering to procedural requirements in tax matters to ensure fairness and transparency in the assessment process. The decision underscores the necessity for taxpayers to maintain comprehensive records and to understand their obligations under the Income Tax Ordinance. |
| Summary |
This case, adjudicated by the Appellate Tribunal Inland Revenue, focuses on Section 176 of the Income Tax Ordinance, 2001, which is critical for ensuring compliance in tax assessments. The ruling highlights the importance of maintaining proper documentation and following procedure in tax matters. The Tribunal's decision serves as a reminder to taxpayers about their responsibilities and the implications of failing to meet legal requirements. The case is significant for practitioners in tax law and underscores the challenges faced by individuals and businesses in navigating complex tax regulations. Keywords such as 'Income Tax Ordinance', 'tax compliance', 'Appellate Tribunal', and 'tax assessment' are essential for understanding the legal landscape surrounding tax law in Pakistan. |
| Court |
Appellate Tribunal Inland Revenue
|
| Entities Involved |
Not available
|
| Judges |
Shahid Sikandar
|
| Lawyers |
Muhammad Mansoor,
Mr. Mazhar Ali
|
| Petitioners |
Farrukh Ishaq
|
| Respondents |
CIR, RTO, Lahore
|
| Citations |
2023 SLD 6751
|
| Other Citations |
Not available
|
| Laws Involved |
Income Tax Ordinance, 2001
|
| Sections |
176
|