TAX MAN COMETH (A)

Naim Sipra, Hamid Latif Sharif

INDUSTRY :CONSTRUCTION

AREA :BUSINESS GOVT/INTERNATIONAL ECONOMY

ORGANIZATION :-

LENGTH :20

LUMS No :16-081-91-1

PUBLICATION YEAR : 1991

DESCRIPTION

ABSTRACT:

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.