Amendment of assessment. Scope Section 177 of Income Tax Ordinance, 2001, does not in itself provide any power or absolute empowerment to modify assessment or re-determine the income of taxpayer. Key point to be kept in mind is that it is not a return of income which is being processed by the assessing officer; assessing officer deals with an ‘assessment order’ which by process of law has acquired a sanctity. Finalized assessment, therefore, cannot just be modified or disturbed in continuation of the proceedings of audit under S. 177 of Income Tax Ordinance, 2001.
| Court | Year | Appellant vs Respondent | Sections | Topic |
|---|---|---|---|---|
| Inland Revenue Appellate Tribunal | 2022 | THE COMMISSIONER INLAND REVENUE, ZONE-I, RTO-II, KARACHI Vs M/S. A.O. CLINIC, KARACHI |
Income Tax Ordinance, 2001 Ss. 122 & 177 |
Audit/ Amendment of assessment |