ISLAMABAD: A single bench of the Islamabad High Court (IHC) on Wednesday dated in office the hearing of a case filed by M/s Saudi Pak Industrial and Agricultural Investment Company.
The bench, comprising Justice Aamer Farooq, heard the case in which the company had challenged a show cause notice issued by the Large Taxpayers Unit, Islamabad.
The ATIR was also made respondent in the case as the tribunal had sustained departmental decision regarding issuance of show cause notice and demand of recovery of outstanding tax amount in head of federal excise duty.
M/s Saudi Pak Industrial and Agricultural Investment Company had prayed the court that FBR office had issued a recovery notice to the company which did not hold lawful grounds.
The appellant had prayed the court to declare the act as illegal and without any lawful authority and an interim stay may be granted against recovery proceedings.
M/s Saudi Pak Industrial and Agricultural Investment Company had also mentioned that departmental obligations were not met amid processing the notice of recovery demand while later the adjudication did not address grievances of the appellant.
