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Home Islamabad

IHC to hear tax reference filed by telecom company today

byNaeem Ullah Tariq
29/09/2016
in Islamabad, Latest News
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ISLAMABAD: A division bench of the Islamabad High Court (IHC) will hear a tax reference on Thursday, seeking restrictions for the Federal Board of Revenue (FBR) from recovering outstanding tax amount of Rs 8.431 million.

M/s Telenor Pakistan (Private) Limited had filed the case scheduled to be heard by the IHC division Bench comprising Justice Noor-Ul-Haq N Qureshi and Justice Athar Minallah. M/s Telenor Pakistan had filed the case seeking restrictions for the Large Taxpayers Unit, Islamabad, from recovering outstanding tax amount or making any other coercive move prior to the court’s directions on the issue.

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Federal Board of Revenue (FBR), officers of LTU including Commissioner Inland Revenue, Commissioner Inland Revenue (Appeals) and Appellate Tribunal Inland Revenue (ATIR) were made respondent in the case.

M/s Telenor Pakistan Private Limited informed the court that its stay application was pending before the LTU Commissioner (appeals). It also prayed that the assessment order issued by the LTU officer was illegal, unlawful and without legal grounds.

The petitioner had also stated that order was issued with malafide intentions and resultantly coercive measure of recovery of sales tax and federal excise duty were started which must be stopped.

 

 

 

 

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