Watermark
Appellate Tribunal Inland Revenue 2007 Income Tax Ordinance, 1979

2007 PTD 31

Income-tax
Appellant
VS
Respondent

Case Laws / Head Notes / Paras

Rate of tax---Cotton yield---Taxation Officer himself applied rate of 85% on the basis of parallel case and the assessee had failed to rebut the reason as given by the Assessing Officer---No interference was made by the Appellate Tribunal in the order of First Appellate Authority, as he had reduced the rate to 85% in view of the parallel cases and the previous history of the case.