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 bars tax authorities from taking action against M/s Larkhra Power Generation Company

byM.B. Rana
10/01/2017
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh high Court (SHC) has restrained the tax authorities from taking any coercive action against M/s Larkhra Power Generation Company (Private) Limited.

A two-member bench, headed by Justice Aqeel Ahmed Abbasi took this action on a constitutional petition filed by the company against an income tax recovery notice issued by the Inland Revenue Officer Withholding Zone Unit-VI.

You might also like

Chinese consortium to expand investment in Pakistan’s capital market infrastructure

15/06/2026

Banks must upload account data to FBR Hub under FY27 Bill

15/06/2026

The court issued notice to the tax authorities and deputy attorney general, directing them to file their respective comments on the next date of hearing.

During the hearing, counsel for the petitioner argued that petitioner has already filed an appeal along with the assessment order passed by Inland Revenue Officer Withholding Zone Unit-VI along with a stay application which is pending before commissioner Inland Revenue (Appeals) but during pendency of its appeal, the Inland Revenue Officer Withholding Zone Unit-VI initiated recovery proceedings vide a notice on December 13, 2016.

The counsel further argued that the assessment order passed by the Inland Revenue Officer Withholding Zone Unit-VI is illegal as the same is based on assumption and presumptions. He stated that the commissioner Inland Revenue (Appeals) is reluctant to pass any order on the application filed by the petitioner along with an appeal for interim relief and there is apprehension that the respondent will start coercive action for the recovery of said demand notice.

Citing chairman Federal Board of Revenue, Inland Revenue Officer Withholding Zone Unit-VI and commissioner Inland Revenue (Appeals) as respondents, the petitioner pleaded the court to set aside the impugned recovery notice and restrain them from taking any coercive action against the petitioner.

Related Stories

Chinese consortium to expand investment in Pakistan’s capital market infrastructure

byCT Report
15/06/2026

ISLAMABAD: Chinese investors have reaffirmed their long-term commitment to Pakistan’s capital markets following the resolution of key regulatory matters by...

Banks must upload account data to FBR Hub under FY27 Bill

byCT Report
15/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed mandatory electronic data sharing by all banks and Electronic Money Institutions...

FBR Bahawalpur Zone recovers Rs530m in record enforcement drive

byCT Report
15/06/2026

BAHAWALPUR: The Federal Board of Revenue (FBR) Bahawalpur Zone has recovered over Rs530 million in taxes from Islamia University of...

Finance Bill 2026 expands FBR audit powers under sales tax law

byCT Report
15/06/2026

ISLAMABAD: The Finance Bill 2026 has proposed significant amendments to Section 25 of the Sales Tax Act, 1990, granting Inland...

Next Post

Customs Appellate Tribunal reserve verdicts in eight cases

  • 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.