ISLAMABAD: A single bench of Islamabad High Court on Wednesday relisted the case submitted by M/s Pepsi Cola International Private Limited.
The appellant had filed the tax matter challenging issuance of a recovery notice to Large Taxpayers’ Unit. Justice Aamer Farooq directed the staff to relist the matter.
M/s Pepsi Cola International Private had filed the reference in which the company had challenged a show cause notice issued by the Large Taxpayers Unit, Islamabad.
The appellant had challenged the act of recovery of said amount by commissioner Inland Revenue of Large Taxpayer’s Unit, Islamabad. M/s Pepsi Cola International Private Limited was issued notice in head of income tax.
M/s Pepsi Cola International Private Limited 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 Pepsi Cola International Private submitted before the court that the impugned order was issued under mala fide intentions and had no legal standing or authority and the court may decide on relief which it deemed appropriate in this regard. It also stated that due legal course was not followed by the department in issuing the order.
M/s Pepsi Cola International Private Limited had also prayed the court to decide the case early as the appellant had to bear financial complications after the case.
ATIR, Federal Board of Revenue (FBR), officers of LTU including Commissioner Inland Revenue, and others were made respondent in the case.
