ISLAMABAD: A division bench of the Islamabad High Court (IHC) on Wednesday adjourned the hearing of a tax reference filed by M/s Huawai Technologies (Private) Limited, challenging recovery of Rs 502.4 million made by the Federal Board of Revenue (FBR).
A division bench of the IHC comprising Justice Noor Ul Haq N Qureshi and Justice Athar Minallah adjourned the hearing of the case for October 10.
The appellant had challenged the act of recovery of said amount by Commissioner Inalnad Revenue of Large Taxpayer’s Unit, Islamabad.
The appellant had submitted that LTU’s act of recovering Rs 502.408 million from bank accounts of the appellant was illegal and without lawful authority.
The appellant also argued that the FBR office had made recovery following issuance of a show cause notice (No 520), dated May 30, 2015, which did not hold lawful grounds. Following the show cause, FBR made two recoveries of Rs 8,875,101 and Rs 493,533,804, total Rs 502,408,906. These recoveries were made in head of income tax.
The appellant had prayed the court to declare the act as illegal and without any lawful authority and an interim stay may be granted against recovery proceedings and encashment of pay order. Earlier the matter was decided by a single bench of IHC.
