ISLAMABAD: While hearing customs and income tax references during first week of August, the Islamabad High Court dated in office hearing of a number of cases involving Appellate Tribunal Inland Revenue and Customs Appellate Tribunal.
Islamabad High Court’s division bench comprising Justice Aamer Farooq and Justice Miangul Hassan Aurangzeb dated in office hearing on tax matters filed by M/s Pepsi Cola International Private Limited and M/s Mari Petroleum Company on Wednesday.
Another bench of Justice Farooq also heard and adjourned hearing of M/s Mustehkam Cement Limited case challenging Federal Board of Revenue’s claim regarding recovery of outstanding tax. M/s Mustehkam Cement Limited had challenged assessment of company’s tax payments in tax year 2010.
M/s Mari Petroleum Company had recently filed this income tax matter. M/s Mari Petroleum Company had challenged a recovery claim made by field office of Federal Board of Revenue (FBR).
M/s Mari Petroleum Company had filed the reference in which the company had challenged a show cause notice issued by the Large Taxpayers Unit, Islamabad.
M/s Mari Petroleum Company had prayed the court that FBR office had issued a recovery notice to the company which did not hold lawful grounds.
The appellant had prayed the court to declare the act as illegal and without any lawful authority and an interim stay may be granted against recovery proceedings.
M/s Mari Petroleum Company had also prayed the court to decide the case early as the appellant had to bear financial complications after the case.
M/s Mari Petroleum Company had also mentioned that departmental obligations were not met amid processing the notice of recovery demand while later the adjudication did not addressed grievances of the appellant.
Federal Board of Revenue (FBR), officers of LTU including commissioner Inland Revenue, and others were made respondent in the tax reference.
The bench adjourned hearing after counsels from sides sought time from the court upon which the court directed the staff to relist the cases for hearing on next week.
