Separate notice under section 111 is not required

Separate notice under section 111 is not required: The Finance Bill proposes to add an explanation to clarify that a separate notice under this section is not required to be issued if the explanation regarding nature and sources of amount credited or the investment of money, valuable article, or the funds from which expenditure was made has been confronted to the taxpayer through a notice under sub-section (9) of section 122 of this Ordinance.

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