| Case ID |
3b8237f8-8567-4218-bbdd-39137b6f4588 |
| Body |
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| Case Number |
ITA NO. 3490/LB/2018 |
| Decision Date |
Feb 24, 2024 |
| Hearing Date |
Jan 09, 2024 |
| Decision |
The decision made by the Appellate Tribunal Inland Revenue in the case ITA NO. 3490/LB/2018 involved a detailed examination of the Income Tax Ordinance, 2001, specifically Section 122(1). The tribunal reviewed the arguments put forth by both the applicant and the respondent regarding the application of income tax laws. After careful consideration of the evidence and legal precedents, the tribunal rendered its decision on 24th February 2024, which is documented as 2024 SLD 3678. The ruling has implications for future tax assessments and the interpretation of income tax laws, providing clarity on the application of Section 122(1). |
| Summary |
This case, ITA NO. 3490/LB/2018, was heard by the Appellate Tribunal Inland Revenue in Lahore. It focused on the Income Tax Ordinance of 2001, particularly Section 122(1), which deals with the assessment of income tax. The tribunal's ruling on 24th February 2024, documented as 2024 SLD 3678, clarifies the application of these laws in the context of the presented arguments. The case involved Mr. Imran Mehboob as the petitioner and The CIR, Zone-IV, CTRO, Lahore as the respondent, with Mr. Sohail Ibne Siraj and Mr. Rudar Amjad representing the respective parties. This decision is significant as it sets a precedent for how income tax assessments should be interpreted and applied in similar cases, highlighting the importance of adhering to the regulations stipulated in the Income Tax Ordinance. Legal professionals and taxpayers alike should pay attention to this ruling, as it may affect future tax liabilities and compliance procedures. |
| Court |
Appellate Tribunal Inland Revenue
|
| Entities Involved |
Not available
|
| Judges |
CH. MUHAMMAD TARIQUE
|
| Lawyers |
Mr. Sohail Ibne Siraj,
Mr. Rudar Amjad
|
| Petitioners |
Mr. Imran Mehboob
|
| Respondents |
The CIR, Zone-IV, CTRO, Lahore
|
| Citations |
2024 SLD 3678
|
| Other Citations |
Not available
|
| Laws Involved |
Income Tax Ordinance, 2001
|
| Sections |
122(1)
|