ORDER

This appeal has been filed by the Taxpayer against the Impugned assessment order dated 29.05.2024 recorded by the learned ACIR, Lahore.2. Succinctly facts of the case are that the Taxpayer, an individual, filed income tax return to declare income from salary and practice receipts as a physician which was deemed to be an assessment order under section 120(1). The learned Additional Commissioner considered the deemed assessment order to be erroneous in so far as prejudicial to the interest of revenue and required documents in support of assets declared in the wealth statement. On failure of Taxpayer to produce documentary evidence the learned Additional Commissioner made additions of the assets declared in the wealth statement under section 111. This has brought the Taxpayer in appeal before this forum.3. Case was fixed for hearing by issuing notices in response to which learned AR represented the taxpayer, and the learned DR represented the Department. The learned AR made the following ...