JUDGMENT:

MR. JUSTICE MUHAMMAD SAJID MEHMOOD SETHI:---(1). Through instant Reference Application under Section 133 of the Income Tax Ordinance, 2001 (�the Ordinance of 2001�), following question of law, urged to have arisen out of impugned order dated 22.02.2022, passed by learned Appellate Tribunal Inland Revenue, Lahore Bench, Lahore (�Appellate Tribunal�), has been pressed for our opinion:--�Whether on the facts and circumstances of the case, the learned Appellate Tribunal Inland Revenue (�Appellate Tribunal�) has erred in law by failing to consider the definition of �turnover� under the provisions of Section 113(3) of the Income Tax Ordinance, 2001 (�the Ordinance�) which includes the freight charges, terminal charges, shipment handling charges, payment of duties and other taxes under the term gross turnover?�2. Brief facts of the case are that respondent-taxpayer, a private limited company, filed return for the tax year 2018 declaring taxable income of Rs. 6,994,058/-, which was treated as ...