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 Breaking News

LHC serves contempt notice to FBR chairman

byM Hayat
15/11/2021
in Breaking News, Lahore, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: The Lahore High Court (LHC) issued contempt notices to the Federal Board of Revenue (FBR) over its failure to implement the court’s orders pertaining to the minimum tax computation formula adopted by service sector taxpayers liable to pay minimum tax under Section 153(1)(b) of the Income Tax Ordinance, 2001.

The notice was issued by a single bench comprising Justice Shahid Jamil Khan while hearing a petition seeking contempt proceedings against the revenue board’s chairman and two of its core members for not implementing the court’s earlier order dated 14 November.

You might also like

Gold price jumps Rs5,700 per tola

22/08/2026

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

22/08/2026

The LHC took exception to the non-implementation of its order and observed that “commitment is not being honoured due to letter: Writ Petition No. 57220 of 2021 in case of Shahid Latif Khilji Vs Federation.”

The order, citing the petitioner, further read: “I am further directed to enclose a copy of an email dated 18th October 2021 of Mr Waheed Shahzad Butt wherein he has made serious objections on the proposed changes, affirming that the existing calculation in the system is correct as per law, and confirmed in certain earlier judgments (104 TAX 1 = 2011 PTD 1672) and decisions of the federal tax ombudsman.”

“He [the petitioner] warns that if the changes are made as now being proposed, it will lead to huge and undue loss of revenue. To avoid any mistake, the same is being brought to the notice of IR Policy Wing, with the request to re-examine the calculation in the light of the complaint’s assertions and cited case law.”

Documents have revealed that Waheed Shahzad Butt had sent emails to FBR, regretting that some “public servants in FBR’s IT wing are living in a fool paradise”, adding that that in all eventualities, “he/she is bound to abide by and adhere to the law and the constitution.”

The court sought a reply from the FBR and adjourned the hearing till 15 November.

Related Stories

Gold price jumps Rs5,700 per tola

byCT Report
22/08/2026

KARACHI: Gold prices surged in both international and domestic markets, with the price of gold rising by $57 per ounce...

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

byCT Report
22/08/2026

ISLAMABAD: Pakistan’s Virtual Assets Regulatory Authority (PVARA) has opened its licensing portal for virtual asset service providers. The move completes...

KP approves Digital Payment Act to promote cashless economy

byCT Report
22/08/2026

PESHAWAR: The Khyber Pakhtunkhwa government has approved the Khyber Pakhtunkhwa Promotion of Digital Payment Act 2026, aiming to promote digital...

Aurangzeb, SRF delegation, discuss investment opportunities, economic cooperation

byCT Report
22/08/2026

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a meeting with a high-level delegation of the Silk...

Next Post
Valuations Rulings - Pakistan Customs Today News Paper

Customs values unlinked with int’l published prices to allegedly enable corruption

  • 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.