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Appellate Tribunal Inland Revenue 2012 Income Tax Ordinance (XLIX of 2001)--- ----Ss.174 (2), 177 & 122(9)

2012 PTD 790

Professional fee---Expense was disallowed
Messrs SAMAD PIPE INDUSTRIES (PVT.) LIMITED
Appellant
VS
C.I.R., AUDIT 9, AUDIT DIVISION I, R.T.O.-II, LAHORE
Respondent

Case Laws / Head Notes / Paras

---Professional fee---Expense was disallowed and added back on the basis that same was not supported with proper documentary evidence, whereas the same had been paid to well-known law firm; that professional fee was recorded on accrual basis and paid in the next financial year; and that disallowance of expenses claimed on accrual basis was void ab initio and illegal---Validity---Add back made under said head and confirmed by the First Appellate Authority was without any justification which was deleted by the Appellate Tribunal.