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Home Breaking News

IHC settles case filed by M/s Wateen Telecom on Tuesday

byNaeem Ullah Tariq
07/06/2017
in Breaking News, Islamabad, Latest News, Slider News
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ISLAMABAD: The Islamabad High Court (IHC) has disposed of a case filed by M/s Wateen Telecom Limited challenging a recovery claim of outstanding tax made by field office of Federal Board of Revenue (FBR).

The IHC bench comprising Justice Aamer Farooq disposed of the matter and barred the large taxpayers’ from taking coercive action against the appellant aiming at recovering any outstanding amount under the impugned show cause notice.

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The court also directed the respondent to hear appellant’s departmental appeal and submit compliance report within 60 days. M/s Wateen Telecom Limited had prayed the court that FBR office had issued a recovery notice to the company which did not hold lawful grounds.

The appellant had prayed the court to declare the act as illegal and without any lawful authority and an interim stay may be granted against recovery proceedings.

M/s Wateen Telecom Limited had also prayed the court to decide the case early as the appellant had to bear financial complications after the case.

M/s Wateen Telecom Limited had also mentioned that departmental obligations were not met amid processing the notice of recovery demand while later the adjudication did not addressed grievances of the appellant.

It is pertinent to mention here that the court had also disposed of a matter submitted by M/s Wateen Telecom Limited challenging a recovery claim of outstanding tax Rs467,033,209 few months ago.  The appellant had filed the case against field office of FBR.

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