Details

Case

TAX MAN COMETH (A)

SIPRA N, SHARIF H L

INDUSTRY : CONSTRUCTION

AREA : Business Government/International Economy

ORGANIZATION : -

LENGTH : 20

LUMS No : 16-081-91-1

PUBLICATION YEAR : 1991

KEYWORDS:

Taxation, business law

DESCRIPTION:

The case provides a vivid example of the discretionary powers of an income tax officer, and depicts the process of appeals necessary in tax disputes. The Managing Director of a construction firm moved into second appeal against a tax assessment order that had levied what he felt was excess tax and penalty for concealment of taxable income. 

LEARNING OBJECTIVES:

1) To provide a vivid example of the discretionary powers of the income tax officer. 2) To provice an introduction to the process of appeals necessary in case of tax disputes.

SUBJECTS COVERED:

BUSINESS GOVT/INTERNATIONAL ECONOMY