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.