JUDGMENT

SYED HAMID ALI SHAH, J.-This judgment shall dispose of I.T.As. Nos.103, 106 and 107 of 1999 as common question of law is involved in these appeals.2. The facts giving rise to the instant appeal under section 136(1) of the repealed Income Tax Ordinance, 1979 are that for the assessment year 1991-92 the income of the respondent being Director of MSC Textile (Pvt.) Limited was assessed at Rs.90,480 vide order dated 12-1-1992. However, on examination of the record by the Inspecting Additional Commissioner the respondent was found as director of Messrs MSC Textile (Pvt.) Ltd. and Messrs Shafi Textile (Pvt.) Limited, resultantly, assessment order dated 12-1-1991 was cancelled and re-assessment under sections 62/66A of the Income Tax Ordinance, 1979 was completed vide order dated 15-6-1995. The respondent being aggrieved of the re-assessment filed first appeal before the C.I.T.(Appeals), which was dismissed. The respondent filed second appeal before the Income Tax Appellate Tribunal, which wa...