These five appeals filed by assessee, an individual, arise out of combined order passed by the learned Commissioner of Income Tax, Appeal Zone-V, Lahore, dated 25-7-2005, for the assessment years 1993-94 to 1997-98. Assessments framed for all the five assessment years under appeal were finalized under sections 62/138 of the repealed Income Tax Ordinance, 1979. Grounds of appeal filed by the appellant are common and these are listed as under:--The exercise of revisional power by respondent No.2 under section 66A of the repealed Ordinance to revise assessment order passed by the Deputy Commissioner of Income Tax, Circle-E-11, Zone-E, Karachi and edifice built thereon is unlawful- liable to be annulled.The duplicate assessment proceedings, while the original assessment order, dated 11-6-1996 in Circle-E-11, Zone-E, Karachi held the field, are liable to be annulled.The Hon'ble Tribunal annulled the duplicate assessment at Lahore under the same fact and circumstances in the case of co-owner...
PRESENT:
ZAFAR ALI THAHEEM, JUDICIAL MEMBER AND MAZHAR FAROOQ SHIRAZI, ACCOUNTANT MEMBER
Petitioner(s) by: Mian Ashiq Hussain for Appellant.
Respondent(s) by: Anwar Ali Shah, D.R. for Respondent.
Law: Income Tax Ordinance, 1979
Sections: 66,134
Disclaimer / Note: We have reproduced the judgment for facilitation of readers; however, the readers must study the original or certified copy of the above said judgment before referring it in any Court of Law. The judgment as reproduced above is a reported judgment available in law magazines and journals namely: 2006 PTD 2773