ISLAMABAD: Islamabad High Court (IHC) on Monday has stayed recovery of Rs 36 million income taxes by Regional Tax Office-FBR field office collecting taxes.
While hearing a petition contesting demand of tax collection, Justice Aamer Farooq of IHC barred tax authorities to demand Rs 36 million income taxes from the appellant, Fist Security Private Limited.
The Fist Security Private Limited had filed the petition seeking stay on the matter against deputy commissioner Inland Revenue and others.
The Fist Security Private Limited, through its counsel, Hafiz Muhammad Adrees, had pleaded argued for contesting RTO demands of tax.
Meanwhile, the court also disposed of a case field against RTO by TNB Liberty Power Limited and Utility Stores Corporation of Pakistan.
