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Home Islamabad

ATIR reserves judgment on recovery of outstanding Income Tax

byNaeem Ullah Tariq
05/03/2018
in Islamabad, Latest News
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ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) reserved a decision after hearing arguments and submission of record by parties during a recent week. Meanwhile, the tribunal adjourned the hearings on other cases.

Accountant Member Dr Ghulam Mujtaba Bhatti was hearing the case involving the Federal Board of Revenue and M/s Klaguardia Logistics.

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M/s Klaguardia Logistics had challenged the recovery of outstanding income tax by the LTU Islamabad. M/s Klaguardia Logistics submitted that the department had issued demand for the tax year 2016 under the head of income tax under the provisions of Income Tax Ordinance-2001.
The Federal Board of Revenue (FBR), officers of the LTU including Commissioner Inland Revenue, Commissioner Inland Revenue (Appeals) and Appellate
Tribunal Inland Revenue (ATIR) were made respondent in the case. The case was remanded back to the tribunal by the IHC a couple of months ago.

This case, one of the many remanded back ones by the IHC, is being heard at the tribunal.

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