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

Supreme Court bars tax audits based on Auditor General observations

byCT Report
31/01/2026
in Breaking News, Islamabad, Latest News, Slider News
Share on FacebookShare on Twitter

ISLAMABAD: The Supreme Court of Pakistan has ruled that audit observations made by the Auditor General against federal or provincial government entities cannot be used by tax authorities to initiate audit or inspection proceedings against private taxpayers.

In a judgment authored by Justice Munib Akhtar, a two-member bench dismissed an appeal filed by the Inland Revenue Commissioner, Peshawar, and upheld the decision of the Peshawar High Court, which had quashed proceedings against Diamond Filling and CNG Station, Peshawar.

You might also like

FIA to convert Karachi Cotton Exchange building into city headquarters

29/04/2026

Sea Link Group moves to acquire control of Pakistan International Container Terminal

29/04/2026

The tax department had initiated sales tax proceedings against the private CNG station on the basis of audit observations made by the Director General Revenue Receipt Audit, a wing of the Auditor General of Pakistan. Those observations related to the accounts of the Inland Revenue Department.

Justice Akhtar held that audit functions performed by the Auditor General under the Auditor General’s (Functions, Powers, Terms and Conditions of Service) Ordinance, 2001, operate in a separate legal domain from the powers exercised by tax authorities under fiscal statutes.

He ruled that an audit observation against a government department cannot be treated as “information” enabling tax authorities to audit a taxpayer or issue notices under tax laws.

Related Stories

FIA to convert Karachi Cotton Exchange building into city headquarters

byCT Report
29/04/2026

KARACHI: The Federal Investigation Agency (FIA) is preparing to shift its Karachi operations to the Karachi Cotton Exchange building, which...

Sea Link Group moves to acquire control of Pakistan International Container Terminal

byCT Report
29/04/2026

KARACHI: Sea Link Group Limited, incorporated in the Republic of Seychelles, has announced its intention to acquire at least 83.41%...

PM for faster digitisation of licensing process for investors

byCT Report
29/04/2026

ISLAMABAD: Prime Minister Shehbaz Sharif directed authorities to accelerate the digitization of the licensing process for investors, a statement from...

xr:d:DAFUw169jpg:16,j:2231928652156531663,t:23063008

IMF allows Pakistan to cut captive gas levy by up to 60pc for industries

byCT Report
29/04/2026

KARACHI:  Pakistan has secured conditional approval from the International Monetary Fund (IMF) to revise the formula for calculating the captive...

Next Post

Pakistan’s short-term inflation declines slightly WoW, rises 4.52% YoY

  • 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.