ISLAM SOAP INDUSTRIES (PVT.) LTD. vs COMMISSIONER INLAND REVENUE, LTU, LAHORE Ss — 2022 PTD 662 INLAND REVENUE APPELLATE TRIBUNAL OF PAKISTAN

Case information

Citation: 2022 PTD 662 INLAND REVENUE APPELLATE TRIBUNAL OF PAKISTAN
Year: 2022
Reporter: PTD
Parties: ISLAM SOAP INDUSTRIES (PVT.) LTD. vs COMMISSIONER INLAND REVENUE, LTU, LAHORE Ss
Subject matter: Tax & Customs
Provisions referred to: Income Tax Ordinance

Fields are extracted from the reported citation and judgment text. Where a detail is not stated in the record, it is not shown.

Judgment text as reported

ISLAM SOAP INDUSTRIES (PVT.) LTD. VS COMMISSIONER INLAND REVENUE, LTU, LAHORE Ss. 111 & 174(2)---Unexplained income or sources---Record or evidence of the transaction---Issuance of notice---Scope---Law mandates issuance of separate notices within the contemplation of Ss.111 & 174 of Income Tax Ordinance, 2001---Where an opportunity is provided to the taxpayer through specific notice, he is confronted with any of the eventuality as visualized under Ss. 111 & 174(2) of the Income Tax Ordinance, 2001 and if he fails to offer any explanation about nature and source of the amount credited or investment made or funds from which expenditure was made; only then, such addition can be made in the income of the taxpayer.

Other judgments reported in 2022 PTD

2022 PTD 683 SUPREME-COURTNAUBAHAR BOTTLING COMPANY (PVT.) LIMITED VS FEDERATION OF PAKISTAN through Revenue Division Ministry of Finance Scope---Judgment is an autho…
2022 PTD 1860 KARACHI-HIGH-COURT-SINDHIMAD SAMAD VS FEDERATION OF PAKISTAN through Secretary Commerce, Ministry of Commerce, Islamabad S.19---General power to exempt from customs…
2022 PTD 1860 KARACHI-HIGH-COURT-SINDHIMAD SAMAD VS FEDERATION OF PAKISTAN through Secretary Commerce, Ministry of Commerce, Islamabad Precedent---Constitution of a larger Bench-…
2022 PTD 1860 KARACHI-HIGH-COURT-SINDHIMAD SAMAD VS FEDERATION OF PAKISTAN through Secretary Commerce, Ministry of Commerce, Islamabad S.3---Power to prohibit or restrict imports…
2022 PTD 1665 INLAND REVENUE APPELLATE TRIBUNAL OF PAKISTANNAVEED ENTERPRISES, FAISALABAD VS The COMMISSIONER INLAND REVENUE (APPEALS), RTO, FAISALABAD Ss. 3 & 7---Scope of sales tax---Determination…
2022 PTD 1010 INLAND REVENUE APPELLATE TRIBUNAL OF PAKISTANCOMMISSIONER INLAND REVENUE, ZONE-I, RTO, FAISALABAD VS AL-SEHAR MANUFACTURER (PVT.) LTD., FAISALABAD S.45B---appeal---Inquiry---Scope---Com…

Back to the case-law library · Search Pakistani case law in Urdu or English