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Home Islamabad

IHC disposed of tax references filed by IESCO in first week of December

byNaeem Ullah Tariq
12/12/2016
in Islamabad, Latest News
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ISLAMABAD: The Islamabad High Court (IHC) resumed the hearing of pending tax references during the first week of December and disposed of the Islamabad Electric Supply Company’s tax reference, challenging tax recovery claim announced by the field office of the Federal Board of Revenue (FBR).

A division bench of the IHC comprising Justice Aamer Farooq heard IESCO’s case and barred the Large Taxpayers’ Unit, Islamabad from recovering any outstanding tax amounts from the appellant. The bench also directed the respondent not to take any coercive action in this regard.

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Justice Aamer Farooq also directed the LTU to decide appellant’s departmental application within 14 days and submit a report before the bench. The Islamabad Electric Supply Company had filed cases against Large Taxpayers Unit-field office of the FBR.

The ATIR, FBR, and officers of the LTU, including Commissioner Inland Revenue, Deputy Commissioner Inland Revenue and Commissioner Inland Revenue (Appeals) were made respondents in the case.

The same bench also directed the FBR to submit its report on the alleged unlawful issuance of a recovery notice to M/s Pakistan Mobile Communication Limited.

The company had challenged an LTU notice seeking recovery of Rs 415,903,733 under the head of income tax. M/s Pakistan Mobile Communication Limited had named chief commissioner Inland Revenue, LTU, assistant commissioner Inland Revenue Withholding, LTU, commissioner Inland Revenue (Appeals), LTU, and Federal of Pakistan through the chairman of Federal Board of Revenue (FBR) as respondent in the case.

M/s Pakistan Mobile Communication Limited had challenged a show cause notice, dated November 27, for the tax year 2014, under the head of income tax under sections of Income Tax Ordinance, 2001.

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