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Home Islamabad

IHC bench will hear six sales, income tax references today

byNaeem Ullah Tariq
18/05/2016
in Islamabad, Latest News
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ISLAMABAD: A division bench of the Islamabad High Court (IHC) will hear six sales and income references on Wednesday (today), challenging decisions of the Appellate Tribunal Inland Revenue (ATIR).

A single bench of the IHC, comprising of Justice Shaukat Aziz Siddiqui and Justice Mohsin Akhtar Kayani, would hear the cases filed during 2011 and 2014.

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Among these tax matters, two income tax matters were filed by Pakistan Television Corporation Limited. The appellant had challenged the ATIR decisions through the petitions 174/2011 and 175/2011.

Four sales tax matters were filed by M/s Orient Power Company (Private) Limited, M/s Saba Power Company (Private) Limited and M/s Fauji Kabirwala Power Company (Private) Limited. All of these appellants had made the ATIR as respondent in the cases besides officers of Federal Board of Revenue (FBR).

M/s Fauji Kabirwala Power Company had filed two petitions in which it had questioned the legal standing of the ATIR decision given in favour of the Large Taxpayers’ Unit, Islamabad.

 

 

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