ISLAMABAD: A bench of Appellate Tribunal Inland Revenue (ATIR) has directed counsels from M/S Shalimar Recording and Broadcasting Company to prepare for final arguments in a case remanded back to the tribunal by the Islamabad High Court. ATIR Accountant Member Dr Ghulam Mujtaba Bhatti heard the case.
M/S Shalimar Recording and Broadcasting Company had contested the show cause notices issued by the field offices of the Federal Board of Revenue.
According to details, M/S Shalimar Recording and Broadcasting Company had challenged recovery of issued to it in head of outstanding income tax by the LTU, Islamabad.
M/S Shalimar Recording and Broadcasting Company had submitted the department had issued the demand for the tax year 2014 in head of income tax under provisions of Income Tax Ordinance, 2001.
Federal Board of Revenue (FBR), officers of LTU including Commissioner Inland Revenue, Commissioner Inland Revenue (Appeals) and Appellate
M/S Shalimar Recording and Broadcasting Company prayed that the assessment order issued by the LTU officer was illegal, unlawful and without legal grounds.
