ISLAMABAD: Islamabad High Court disposed of couple of tax references and reserved decision on another during second week of November.
IHC disposed of the cases filed by M/s SAZ Enterprises and Zafar Mahmood while reserved decision in a tax reference filed by Pakistan Oil Field Limited.
A single bench comprising Justice Aamer Farooq heard and disposed of the cases filed by M/s SAZ Enterprises. The appellant had challenged a tax recovery claim of Rs 135 million made by Regional Tax Office (RTO).
The bench directed the RTO to hear and decide M/S SAZ Enterprises’ application pending before the officer of Islamabad RTO and restricted it from recovery of the said amount.
M/S SAZ Enterprises had challenged show cause notice dated August 03, 2016 issued by the Inland Revenue (IR) assistant commissioner under sections of Sales Tax Act, 1990 claiming Rs 135,000,000. The petitioner had prayed the court to restrict the department from taking any coercive action for realizing the recovery of said amount from the appellant.
A single bench comprising Justice Miangul Hassan Aurangzeb heard reference filed by Zafar Mahmood. Justice Miangul Hassan Aurangzeb disposed of the case with directions to the board to resume hearing on appellants appeal pending before the RTO officer.
Appellate Tribunal Inland Revenue and officers of RTO including IR commissioner, deputy commissioner and IR-Appeals commissioner were made respondent in the case.
During second week of November, a bench comprising Justice Shaukat Aziz Siddiqui and Justice Mohsin Akhtar Kayani heard the case submitted by M/s Pakistan Oil Fields Limited and reserved the decision.
The company had filed the case challenging an announcement made by the Appellate Tribunal Inland Revenue (ATIR) through which it had upheld the decision announced by the adjudication pertaining to the show cause notice for recovery of outstanding tax.
The Pakistan Oil Field had filed the reference against ATIR and had challenged it announcement before the court. FBR field office, Large Taxpayers Unit’s (LTU) officers were also made respondent in the case.
Meanwhile, a single bench, comprising Justice Aamer Farooq adjourned hearing of two tax matters filed by M/s Mustehkam Cement Limited and M/s Best Way Cement Limited against tax notices issued by the FBR.
M/s Mustehkam Cement Limited has challenged a tax notice of Rs 3,396,722,925, while M/s Best Way Cement Limited moved IHC against a tax notice of Rs 4,261,465,241.
