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Home Karachi

SHC calls comments from tax authorities for issuing recovery notice of Rs 4.66m

byM.B. Rana
02/01/2017
in Karachi, Latest News
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KARACHI: The Sindh High Court (SHC) has issued notices to tax authorities and deputy attorney general of Pakistan on a constitutional petition filed by Abdul Sattar against impugned notice for recovery of alleged short paid amount of Rs 4.66 million in 2015.

While the hearing of petition, a two-member bench headed by Justice Munib Akhtar also directed them to file their respective comments on the next date of hearing. The court adjourned the hearing for January 2, 2016.

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Earlier, counsel for the petitioner stated that petitioner is manufacture of mild steel products and is registered with the inland revenue (customs tax) department and paying all liabilities regularly.

According to the petitioner, declared income of business of Rs. 16.59 million and paid income tax to the tune of Rs 5 million in the tax year 2015. However, the tax authorities issued show cause notice to the petitioner dated on October 10, 2016 under section 122 (9) of The Income Tax Ordinance for recovery of an adjudged short paid amount of Rs 4.66 million.

The counsel argued that it paid all duty and taxes in accordance with law and impugned show-cause notice was illegal.

Citing Chairman Federal Board of Revenue (FBR), Chief Commissioner Inland Revenue Large Taxpayer Unit-II, the Commissioner Inland Revenue Large Taxpayer Unit-II, Deputy Commissioner Inland Revenue Large Taxpayer Unit-II and others as respondents, the petitioner pleaded the court to declare that act of the tax authorities as illegal, mala fide and arbitrary and court may also restrain them from taking any coercive action against the petitioner.

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