ORDER

At the time of hearing of appeal filed on behalf of the appellant the learned A.R. of the asses see/appellant stated at the outset that he would not press Ground No.2 pertaining to the assumption of jurisdiction by the Assessing Officer. The instant appeal is accordingly disposed of on the issue of date of comment of the exemption period on the basis of requirements of clause 118C(1) of the Second Schedule to the Income Tax Ordinance, 1979.2. The action of the Assessing Officer under section 156 determining the date of start of commercial production from July, 1991 has been challenged to be without meeting the requirements of law inasmuch as the date of setting up of undertaking, the date of the commencement of commercial production and which of the two above is latter have not been determined in facts of the case. The order of the CIT(A), dated 25-10-2000 in confirming the order under section 156 has been assailed to be without meeting the requirements of law mentioned above..3. The r...