| Case ID |
e0501a46-2762-4024-80d3-ef9a8f69fcc7 |
| Body |
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| Case Number |
ITA NO. 3449/LB/2023 |
| Decision Date |
Oct 03, 2023 |
| Hearing Date |
Sep 05, 2023 |
| Decision |
The Appellate Tribunal Inland Revenue, in its order dated October 3, 2023, addressed the income tax matters presented by the appellant, Mr. Muhammad Aslam Malik, against the CIR, LTO, Lahore. The Tribunal deliberated on the arguments put forth by both parties, focusing on the provisions of the Income Tax Ordinance, 2001, specifically sections 120(1) and 129(1). After careful consideration of the evidence and legal submissions, the Tribunal issued its ruling, which emphasized the importance of compliance with tax regulations and the implications of the presented case on future tax assessments. The decision serves as a precedent for similar cases involving income tax disputes and highlights the Tribunal's commitment to uphold the law while ensuring fair adjudication in tax matters. |
| Summary |
This case revolves around an appeal filed by Mr. Muhammad Aslam Malik against the CIR, LTO, Lahore, concerning income tax assessments under the Income Tax Ordinance, 2001. The Appellate Tribunal Inland Revenue, Lahore, conducted a hearing on September 5, 2023, where both parties presented their arguments. The case primarily focused on sections 120(1) and 129(1) of the Income Tax Ordinance, emphasizing compliance and the legal obligations of taxpayers. The Tribunal's decision, delivered on October 3, 2023, reflects the ongoing challenges faced by taxpayers in navigating the complexities of tax law. The ruling not only addresses the appellant's concerns but also sets a significant precedent for future tax disputes, underlining the necessity for taxpayers to adhere to the provisions of the law. This case is crucial for tax practitioners and advocates as it delineates the legal landscape surrounding income tax regulations in Pakistan. |
| Court |
Appellate Tribunal Inland Revenue
|
| Entities Involved |
Not available
|
| Judges |
Not available
|
| Lawyers |
Mr. Mansoor Fateh Ali,
Mr. Rao Shahzad
|
| Petitioners |
Mr. Muhammad Aslam Malik
|
| Respondents |
The CIR, LTO, Lahore
|
| Citations |
2024 SLD 3333
|
| Other Citations |
Not available
|
| Laws Involved |
Income Tax Ordinance, 2001
|
| Sections |
120(1),
129(1)
|