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Income-tax Appellate Tribunal Pakistan 2002 Income Tax Appellate Tribunal Rules, 1981

2002 PTD 882

Valuation of property
Muhammad Asif, D.R.
Appellant
VS
NEMO
Respondent

Case Laws / Head Notes / Paras

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.