Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Karachi

SHC postpones hearing of petition filed by M/s IPP until June 6

byM.B. Rana
02/06/2016
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) has again issued notices to the chairman FBR, commissioner Inland Revenue Zone -I, Regional Tax Office-II and secretary Revenue Division, directing them to file their respective comments on a petition filed by M/s IPP against raid and harassment by officials of the tax authorities under the garb of alleged tax fraud case.

A two-member bench, comprising Justice Munib Akhter and Justice Abdul Malik Gaddi, heard the petition.

You might also like

Power demand rises as heat intensifies; LNG cargoes sought to avert load-shedding

20/04/2026

Pakistan upsizes Eurobond issuance to $750m amid ‘strong investor demand’

20/04/2026

During the hearing, deputy attorney general requested for some time to submit para wise comments on which the court adjourned the hearing until  June 6, 2016.

Earlier, the counsel for the petitioner stated that petitioner is doing lawful business of chemicals and shoe adhesives and regularly filing its income tax and sales tax and had never been found to have carried out any practice of tax evasion or tax fraud.

According to the petitioner, Directorate of Intelligence & Investigation FBR had carried out an investigation against one M/s  SMD & Sons in the year 2012, during the investigation, the respondent had issued notice to the M/s W.S Enterprises on February 27, 2012 seeking its record pertaining to supplies made to M/s SMD & Sons.

The petitioner added that it did not carry out any transaction or sale with both companies. The counsel argued that, respondents issued a notice to the petitioner and it filed a reply but officials of the respondents conducted raid at the premises of the petitioner on April 18th, 2016 and harassed the staff of the petitioner.

The petitioner stated that it has nothing to do with both the companies but respondents are threatening it under the garb of alleged tax evasion case.

The petitioner pleaded the SHC to restrain the respondents from taking any coercive measures against it. The court was further requested to direct the respondents not to harass to the petitioner and its staff in said tax evasion case.

Related Stories

Power demand rises as heat intensifies; LNG cargoes sought to avert load-shedding

byCT Report
20/04/2026

ISLAMABAD: As temperatures climb across the country, electricity demand has surged, prompting the Power Division to request four Liquified Natural...

Pakistan upsizes Eurobond issuance to $750m amid ‘strong investor demand’

byCT Report
20/04/2026

ISLAMABAD: The federal government has upsized its Eurobond issuance to $750 million, with an additional $250 million placed with global...

PFC welcomes easing of shipping costs, expects relief in trade pressures

byCT Report
20/04/2026

LAHORE: The Pakistan Furniture Council has expressed cautious optimism over the expected easing of shipping and freight costs following improvements...

Ethiopian Airlines plans direct Lahore flights to boost trade, connectivity

byCT Report
20/04/2026

LAHORE: Ethiopia’s Ambassador to Pakistan, Dr Oumer Hussein Oba, informed Commerce Minister Jam Kamal Khan that Ethiopian Airlines is planning...

Next Post

FBR recovers Rs 24m from bank accounts of Footlib

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.