ISLAMABAD: The Islamabad High Court (IHC) adjourned the hearing of cases filed by M/s Attock Oil Company Limited and M/s Biafo Industries during the first week of January 2017.
A single bench of the IHC comprising Justice Aamer Farooq heard the cases carrying big amounts as outstanding tax amounts under the heads of different taxes.
As the court resumed the hearing on M/s Attock Oil Company Limited’s case, assistant of the respondent’s counsel pleaded for time. The bench then adjourned the hearing by dating it in office. The bench was hearing the tax reference filed against the Large Taxpayers Unit Islamabad, a field office of the Federal Board of Revenue (FBR).
M/s Attock Oil Company Limited had filed the case challenging a show cause notice issued by the Large Taxpayers Unit Islamabad. The Appellate Tribunal Inland Revenue (ATIR) had upheld the decision announced by the department’s adjudication pertaining to the show cause notice issued to the M/s Attock Oil Company Limited.
The M/s Attock Oil Company Limited had filed the reference against the ATIR and challenged its decision. The Large Taxpayers Unit’s officers were also made respondents in the case.
The appellant had submitted that the ATIR had upheld the decision of the LTU adjudication in ignorance of the law and the appellant’s submissions were not addressed completely challenging the recovery of the outstanding tax amount.
Meanwhile, the bench also adjourned the hearing of a tax matter filed by M/s Biafo Industries challenging a recovery claim of Rs 783.3 million. The company had filed the case, challenging a show cause notice issued by the Large Taxpayers Unit, Islamabad.
The M/s Biafo Industries had named the FBR, officers of the LTU including Commissioner Inland Revenue, and others as respondents in the case.
The M/s Biafo Industries had submitted that the LTU had issued the show cause notice in ignorance of the law and the appellant’s submissions were not addressed completely challenging the recovery notice of outstanding tax amount.
The M/s Biafo Industries had prayed the court that the LTU be directed not to recover the said amount and abstain from any coercive action in this regard.
The M/s Biafo Industries had prayed the court that the issued order by the tax authority may kindly be suspended till the decision of the appeal pending before the field office of the board.
