JUDGMENT

This reference application in terms of Section 133 of the Income Tax Ordinance, 2001 (hereinafter referred to as “Ordinance”) originates from order dated 26th February, 2025, whereby the Appellate Tribunal, Inland Revenue, Pakistan, Division Bench-I, Islamabad (hereinafter referred to as “Tribunal”) proceeded to remand the matter to the Assessing Officer for de novo proceedings on the appeal of the applicant.2. Facts germane for adjudication of this reference application are that the applicant presented income tax return for the year 2018, declaring foreign income as exempted. The respondent-department, however, initiated proceedings on the basis of information that the applicant had purchased properties worth Rs.11,340,000/-, which have not been declared in the wealth statement by him. The proceedings culminated into passing of an order whereby amended income was determined as Rs.17,086,614/- by adding value of purchased properties and foreign remittances and tax liability of ...