KARACHI: M/s Geo Hameer Faqeer Cotton Ginning Pressing approached the Sindh High Court, challenging impugn recovery notice and unfreezing its bank accounts seized by the Deputy Commissioner Inland Revenue E and C Unit-x, Regional Tax Office (RTO) Hyderabad.
Counsel for the petitioner stated in its constitutional petition that it had been ruing business of manufacturing of ginned cotton and cotton seed and paying all the leviable government taxes properly, however, above named respondent has illegally, during the pendency of income tax liability for the tax year 2010 was issued a recovery notice dated November 15, 2016 to the petitioner for attachment of business bank accounts of the petitioner.
According to the petitioner, respondents approached the bank manager and freeze the bank accounts of the petitioner illegally.
Citing the Chief Commissioner Inland Revenue Regional Tax Office, RTO, the Commissioner (Inland Revenue) Appeals Regional Tax Office (RTO), the Additional Commissioner Inland Revenue Zone-II, Regional Tax Office (RTO) Hyderabad and the Deputy Commissioner Inland Revenue E&C Unit-X, RTO Hyderabad as respondents, petitioner pleaded the court may set aside impugn recovery notice for attachment of bank accounts of the petitioner.
Counsel further pleaded the court may declare that act of the respondents is illegal, mala fide and arbitrary and court also may suspend its operation till finalization of adjudication of appeal pending with Commissioner Inland Revenue, Appeal Hyderabad and also direct the respondents to defreeze the bank accounts of the petitioner.
Importer also pleaded the court also may direct the Commissioner Inland Revenue to decide /adjudicate the appeal within a period of 90 days.
