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s. 125

Assessment in relation to disputed property

Procedure

Assessment in relation to disputed property.— Where the ownership of any property the income from which is chargeable to tax under this Ordinance is in dispute in any Civil Court in Pakistan, an assessment order or amended I assessment order in respect of such income may be issued at any time within one year after the end of the financial year in which the decision of the Court is made.
Amendment history (3)
  • Added by the Finance Act, 2003.
  • Inserted by the Finance Act, 2002.
  • The word “notice” substituted by the Finance Act, 2003.

Amendment notes captured from the source page(s); they may include changes to neighbouring provisions.

Source FBR PDF page 257

Unofficial reference, compiled from the FBR’s consolidated Income Tax Ordinance 2001 (amended up to 30 June 2026). Provided for general information only — not an official FBR publication and not legal or tax advice. Always verify against the official FBR text before relying on it for filing or any decision.