2012 PTD 229

Case Laws / Head Notes / Paras

---Liability of persons failing to deduct or pay tax---Assessee in default---Levy of additional tax---Taxpayer was held to be as assessee in default regarding its withholding tax obligations in respect of payment of dividend to shareholders and additional tax was levied---Assessee contended that orders dated 30-8-2008 were in fact in the nature of rectification of earlier orders dated 30-1-2002 and 17-2-2003 and these were barred by time, illegal, having been passed beyond a period of 4 yeas applicable to rectification proceedings under Income Tax Ordinance, 1979 and proceedings under S.52 of the Income Tax Ordinance, 1979 were governed by time limitation and the consequential additional tax, which was levied in connection with default under S.52 of the Income Tax Ordinance, 1979, would al...