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Case information
| Court | Supreme Court of Bangladesh — High Court Division |
|---|---|
| Case reference | Income Tax Reference 48/2018 |
| Case-reference year | 2018 |
| Case type | Income Tax Reference |
| Court website upload date | 09-SEP-26 |
The case-reference year is not the judgment year. The court website upload date is not a judgment date.
Official index description
Source: Supreme Court official index.
It is our considered view that while section 35(3) of the Income Tax Ordinance, 1984 directs the applicant company to furnish a trading account, a profit and loss account, and a balance sheet certified by a Chartered Accountant, such certification does not dispense with the statutory requirement to produce primary, verifiable evidence in support of the specific financial claims made therein. The disallowance of claimed expenses and estimation of sales are purely factual matters, involving no complex question of law. We are of the view that we should not disturb the factual findings legally settled by the Tribunal.