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 attaching bank accounts of M/s Kausar Automobiles

byM.B. Rana
28/02/2017
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: Taking action on a constitutional petition, the Sindh High Court (SHC) has restrained the tax authorities from recovering sales tax and attaching bank accounts of M/s Kausar Automobiles (Private) Limited.

During hearing of petition, a two-member bench, headed by Justice Aqeel Ahmed Abbasi also issued pre-admission notices to the tax authorities and deputy attorney general for March 2, 2017.

You might also like

FTO faults FBR over delayed women enterprise tax relief in IRIS

27/08/2026
The Supreme Court of Pakistan building in Islamabad, Pakistan, on Tuesday, April 5, 2022. To avoid losing a no-confidence vote in parliament, Pakistan leader Imran Khan instead triggered an unprecedented political crisis. Now the question is whether voters will reward him at the next election. Photographer: Asad Zaidi/Bloomberg via Getty Images

SC upholds CCP price-fixing finding against PVMA, orders Rs30m penalty deposit

27/08/2026

Earlier, counsel for the petitioner stated that the deputy commissioner Inland Revenue E&C Unit-2, Zone-IV, LTU Unit-II passed an order under section 11 (2) for the recovery of sales tax. However, being aggrieved, the petitioner approached the commissioner Inland Revenue Appeals-IV LTU and filed an appeal along with stay application.

He informed the court that till date no date is fixed for either hearing of the main appeal or the stay application. On the other handj, the assistant commissioner Inland Revenue E & C Unit-2, Zone-IV, LTU Unit-II has issued a notice for attachment of bank accounts of the petitioner to enforce recovery. The counsel further argued that during the pendency of appeal and stay application, the act of the respondent is illegal, mala fide and arbitrary.

Citing Secretary Ministry of Finance, chairman Federal Board of Revenue (FBR), the commissioner Inland Revenue E&C Unit-2, Zone-IV, LTU Unit-II, the deputy commissioner Inland Revenue E & C Unit-02, Zone-IV, LTU Unit-II and the assistant commissioner Inland Revenue E & C Unit-02, Zone-IV, LTU Unit-II as respondents, the petitioner pleaded the court to restrain them from taking any coercive action against the petitioner.

Related Stories

FTO faults FBR over delayed women enterprise tax relief in IRIS

byCT Report
27/08/2026

LAHORE: The Federal Tax Ombudsman (FTO) has criticised the Federal Board of Revenue (FBR) for failing to operationalise a legal...

The Supreme Court of Pakistan building in Islamabad, Pakistan, on Tuesday, April 5, 2022. To avoid losing a no-confidence vote in parliament, Pakistan leader Imran Khan instead triggered an unprecedented political crisis. Now the question is whether voters will reward him at the next election. Photographer: Asad Zaidi/Bloomberg via Getty Images

SC upholds CCP price-fixing finding against PVMA, orders Rs30m penalty deposit

byCT Report
27/08/2026

ISLAMABAD: The Supreme Court of Pakistan has upheld the Competition Commission of Pakistan’s (CCP) finding that the Pakistan Vanaspati Manufacturers...

Inclusive finance advances as lending expands to key productive sectors: Khurram Schehzad

byCT Report
27/08/2026

ISLAMABAD: Advisor to the Finance Minister, Khurram Schehzad on Thursday said Pakistan’s agenda of inclusive finance was making visible progress,...

Pakistani banks face $800m annual charges for remittance collection

byCT Report
27/08/2026

ISLAMABAD: A Senate standing committee meeting has revealed that Pakistani banks pay around $800 million annually to overseas banks for...

Next Post

Customs Appellate Tribunal chairman to hear 30 cases during current week

  • 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.