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Home Islamabad

IHC adjourns hearing of tax matters filed by Biafo Industries, Dewan Cement, in first week of Feb

byNaeem Ullah Tariq
06/02/2017
in Islamabad, Latest News
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ISLAMABAD: The Islamabad High Court (IHC) adjourned the hearing of tax references filed by M/s Dewan Cement Limited and M/s Biafo Industries during first week of February. The petitioners had challenged the recovery notices issued to them by field offices of the Federal Board of Revenue (FBR).

Justice Aamer Farooq of the IHC heard the matter and then dated in office for further proceeding on M/s Biafo Industries case challenging recovery claim of Rs 783.3 million.

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M/s Biafo Industries had filed the case challenging a show cause notice issued by the Large Taxpayers Unit, Islamabad. The company named the FBR, officers of the LTU, including the commissioner Inland Revenue, and others as respondents in the case.

The company prayed the court to stop the LTU from recovering the said amount and abstain from any coercive action against it. The company also submitted that the impugned order was issued under mala fide intentions and had no legal standing or authority and the court may decide on relief which it deemed appropriate in this regard. It also stated that a due legal course was not followed by the department in issuing the order.

The same bench heard M/s Dewan Cement Limited’s tax reference challenging a recovery claim made by the field office of the FBR. The IHC bench comprising Justice Aamer Farooq heard the case and date in office hearing following absence of lawyers from the court. M/s Dewan Cement Limited had filed the reference in which the company had challenged a show cause notice issued by the Large Taxpayers Unit, Islamabad.

M/s Dewan Cement Limited 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.

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