Valuation of property--- Bald estimation by the Assessing Officer in view of Inspector’s report – Reduction in Value by first Appellate Authority on the ground that exact location of the property (plot) had not been given --- Validity --- Being one bald estimation against the Other, the Tribunal normally would not Interfere -- Finding of the First Appellate Authority was upheld by the Tribunal.
| Court | Year | Appellant vs Respondent | Sections | Topic |
|---|---|---|---|---|
| Income-tax Appellate Tribunal Pakistan | 2002 | Muhammad Asif, D.R. Vs NEMO |
Income Tax Appellate Tribunal Rules, 1981 20(2) |
Valuation of property |