Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Islamabad

IHC disposes of four tax matters in third week of May

byNaeem Ullah Tariq
30/05/2016
in Islamabad, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: The Islamabad High Court (IHC) disposed of four cases during third week of May with directions to the authorities concerned to decide the tax matters within 60 days.

Among these cases, a significant one was filed by Pakistan Telecommunication Employees Trust. The court decided the matter in favor of the appellant as the court barred the Federal Board of Revenue (FBR) from recovering disputed tax liability of Rs 1.97 billion from the Trust. The court also directed the respondent, FBR, to decide the appeal within 60 days.

You might also like

Pakistan faces mango export challenges amid Afghanistan border closure, Gulf tensions

13/05/2026

Qatari LNG tanker heads via Strait of Hormuz to Pakistan, shows data

13/05/2026

Another case of similar nature was also won by M/s Acted Pakistan, an NGO. In this case the appellant moved the court and the single bench of IHC accepted M/s Acted Pakistan plea seeking restrictions for FBR’s Regional Tax Office regarding recovery of outstanding tax amount of Rs 6,737,393.

Moreover, the court also directed the ATIR to decide the appellant’s appeal within 60 days and submit report before the court. The appellant, appellant had challenged the order issued by RTO on March 2, 2016 and recovery claims before the court after rejection of stay applications by the RTO first and later by the ATIR.

M/s Liberty Power Limited’s tax reference also was decided against FBR as the court maintained the same orders in this case too. Here too, the court directed the ATIR to decide appellant’s appeal within 60 days and restricted the LTU from recovering outstanding tax amount of Rs 1,290,133,599.

A similar order was passed by the court in M/s WiTribe Pakistan Limited’s application challenging recovery notice of outstanding tax amount Rs4,371,464. The court disposed the case of filed by M/s WiTribe Pakistan Limited challenging Large Taxpayers’ Unit’s order, dated January 01, 2016. The LTU had issued notice on recovery of said amount stating as recoverable sum amount of Rs1,849,138-in head of income tax- along with default surcharge of Rs 2,522,326.

 

Related Stories

Pakistan faces mango export challenges amid Afghanistan border closure, Gulf tensions

byCT Report
13/05/2026

ISLAMABAD: Pakistan mango export sector is facing mounting challenges due to geopolitical tensions in Afghanistan and the Middle East, threatening...

Qatari LNG tanker heads via Strait of Hormuz to Pakistan, shows data

byCT Report
13/05/2026

KARACHI: A second Qatari liquefied natural gas tanker is transiting the Strait of Hormuz days after the first such cargo...

RCCI inks MoU with China’s IBI Group to promote industrial cooperation

byCT Report
13/05/2026

RAWALPINDI: The Rawalpindi Chamber of Commerce & Industry (RCCI) signed a Memorandum of Understanding (MoU) with China’s IBI Group during...

Pakistan weighs fertiliser imports from Central Asia amid fears of supply disruptions

byCT Report
13/05/2026

ISLAMABAD: Prime Minister Shehbaz Sharif directed the authorities to ensure timely provision of fertiliser to farmers at all costs and...

Next Post

Pakistani traders urged to explore Indonesian market

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.