Presumptive against the bonafide or the honesty of assesse/taxpayer---Taxpayer, could not be presumed to be dishonest---No presumption, was against the bona fide or the honesty of the assesse---Normally, the Income Tax Authorities, would not be justified in refusing to an assesse a reasonable opportunity of representing his view before deciding any matter against him---No presumption of bad faith against any assesse was permissible in law, unless there be sufficient material on record to establish and ascertained the bad faith in relation to that particular taxpayer---Pure guess or bare suspicion, was not sustainable, while framing assessment against assesse; there must be something more than bare suspicion.
| Court | Year | Appellant vs Respondent | Sections | Topic |
|---|---|---|---|---|
| Inland Revenue Appellate Tribunal | 2016 | C.I.R., ZONE-IV, R.T.O.-II
Vs Messrs PEARL PACKAGES (PVT.) LTD., KARACHI |
income tax |
Presumptive against the bonafide |