ISLAMABAD: Islamabad High Court disposed of three identical tax references carrying tax claims of Rs 20,994,993 with a direction to the Appellate Tribunal Inland Revenue to decide the matters submitted through the cases within 60 days.
IHC Single Bench comprising of Justice Aamer Farooq heard the cases filed by three different appellants. All three appellants had filed petitions against Regional Tax Office (RTO) and Appellate Tribunal Inland Revenue (ATIR)
M/s Khursheed Printers Private Limited, Hair Transplant Institute Private Limited and M/s Lotia Sona Private Limited had filed “stay petitions” fearing RTO move aiming at recovering taxes, Rs 12,383,338, Rs 8,094,282 and Rs 517,373 respectively.
Three of the companies had their pending cases before the ATIR-which were not yet decided despite lapse of years since 2012.
The petitioner had prayed: “It is therefore prayed that an appropriate writ may graciously be issued, directing FBR field office (RTO) not to issue any recovery notice under section 48, and also restraining them to continue the intended recovery proceedings under reference for the tax periods July 2012 to June 2013, stop the recovery proceedings till the decision of appeal by ATIR be further directed to fix the appeal out of turn and decide the same as per law or grant any other relief is fit to compensation the petitioner”.
The court, after hearing arguments, issued direction to ATIR to take up the cases and decide on their submission within time of 60 days.
