R.A. No.668/LB of 2003, decided on 20th May, 2004. Versus R.A. No.668/LB of 2003, decided on 20th May, 2004.

ORDER

1. The assessee-applicant has filed reference application to seek the reference of the questions to the Honourable Lahore High Court, said to have arisen out of the Tribunal's order; dated 13-10-2003 passed in I.T.A. No. 2304/LB of 2003 (Assessment Year 2001-2002);--

2. Both the parties have been heard and available record perused.

3. We have looked into the matter thoroughly and we have come to the conclusion that the above-mentioned reference application has become infructuous because of the reason that we have already accepted the miscellaneous application of the assessee-applicant vide M.A. No.882/LB/2003, dated 6-5-2004 for the same assessment year i.e. 2001-2002 and the same will be disposed off accordingly as per merits of the case: So, in view of this situation, the said reference application has become infructuous and the same is hereby rejected accordingly.

4. C.M.A./298/Tax(Trib.) Application dismissed