| Case ID |
f98dbbf9-ecbc-4918-89f9-ca624128adb1 |
| Body |
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| Case Number |
MA (R) NO. 34/LB/2024. ITA NO. 1159/LB/2023 |
| Decision Date |
Feb 12, 2024 |
| Hearing Date |
Feb 06, 2024 |
| Decision |
The case revolves around the interpretation and application of Section 111(1)(b) of the Income Tax Ordinance, 2001. The Appellate Tribunal Inland Revenue, Lahore, heard the arguments presented by both the appellant and the respondent. The appellant, represented by Advocate Ch. Muhammad Ashraf, sought to clarify the tax implications concerning the income reported under the Income Tax Ordinance. The respondent, represented by D.R. Mrs. Hira Khan, defended the tax authority's position. After thorough deliberation on the evidence and arguments, the Tribunal issued its decision, which is documented in the order dated 12th February 2024. The ruling emphasizes compliance with tax regulations and the importance of accurate income reporting as mandated by law. |
| Summary |
This case addresses crucial aspects of the Income Tax Ordinance, 2001, particularly Section 111(1)(b), which pertains to the assessment of undisclosed income. The Appellate Tribunal Inland Revenue examined the arguments presented by both parties, focusing on the legality of the income declarations and the subsequent tax implications. The tribunal's ruling reinforces the necessity for taxpayers to adhere to the guidelines outlined in the Income Tax Ordinance, ensuring transparency and accountability in income reporting. This decision serves as a significant reference for future tax assessments, highlighting the critical role of legal representation in tax disputes. Keywords: Income Tax Ordinance, tax compliance, undisclosed income, legal representation, Appellate Tribunal. |
| Court |
Appellate Tribunal Inland Revenue
|
| Entities Involved |
Not available
|
| Judges |
SAJJAD ASGHAR KHOKHAR
|
| Lawyers |
Ch. Muhammad Ashraf,
Mrs. Hira Khan
|
| Petitioners |
Mr. Muhammad Shabbir
|
| Respondents |
CIR, RTO, Lahore
|
| Citations |
2024 SLD 3590
|
| Other Citations |
Not available
|
| Laws Involved |
Income Tax Ordinance, 2001
|
| Sections |
111(1)(b)
|