122(9) (Notice to amend assessment)
SHOW CAUSE NOTICE U/S 122(9) OF THE INCOME TAX ORDINANCE, 2001 FOR THE AMENDMENT OF ASSESSMENT FOR TAX YEAR 2015.
Please refer to the above.
The documents filed by you have been examined thoroughly and discussed as under:-
Examination of your record shows that you have obtained loan at Rs. 1,500,000/- and made drawings from your bank A/c No. 01131XXXXX012 maintained in Al-Baraka Bank Ltd at Rs. 2,400,000/- on 22.06.2015 however, you have not declared the said amount in the column outflow not has shown any asset created out of this. Please explain.
you may receive notice mentioned above subject in e-mail
When do you receive 122(9) notice from FBR?
Before finalization of assessment under section 121. Tax authorities will give you the opportunity to submit your reply. without giving the proper opportunity of being heard assessing officer can not amend or further amend the order.
If you have received a notice under Section 122(9) from the Federal Board of Revenue (FBR) in Pakistan, it indicates that the FBR intends to amend your assessment. This notice is a show-cause notice, providing you with an opportunity to explain or rectify discrepancies before the assessment is amended.
Steps to Handle a Section 122(9) Notice
Content: The notice will detail the discrepancies found and provide reasons for the proposed amendments. It will also specify a deadline by which you need to respond.
Purpose: The notice under Section 122(9) is issued when the FBR identifies discrepancies or issues in your filed tax return. It is a precursor to amending your assessment.
Reach out to help if you are unable to file your Tax Returns Properly