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Home Islamabad

IHC reserves verdict on tax reference filed by M/s Mobizone Limited

byNaeem Ullah Tariq
05/04/2017
in Islamabad, Latest News
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ISLAMABAD: Islamabad High Court on Tuesday reserved decision on a tax matter filed by M/s Mobizone Pakistan Private Limited. The company had filed a federal excise duty reference.

IHC bench comprising Justice Athar Minallah and Justice Mohsin Akhtar Kiyani reserved decision after hearing arguments from sides. This matter was filed by M/s Mobizone Pakistan Private Limited.

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M/s Mobizone Pakistan Private Limited had challenged a recovery claim made by field office of Federal Board of Revenue (FBR).

M/s Mobizone Pakistan Private Limited had filed the reference in which the company had challenged a show cause notice issued by the Large Taxpayers Unit, Islamabad.

M/s Mobizone Pakistan 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 Mobizone Pakistan Private Limited submitted before the court that the impugned order was issued under malafide 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 Mobizone Pakistan Private Limited had also prayed the court to decide the case early as the appellant had to bear financial complications after the case.

M/s Mobizone Pakistan Private Limited had also mentioned that departmental obligations were not met amid processing the notice of recovery demand while later the adjudication did not addressed grievances of the appellant.

The bench had also heard the case during last week and adjourned hearing on the matter after hearing brief arguments by the parties.

ATIR, Federal Board of Revenue (FBR), officers of LTU including commissioner Inland Revenue, and others were made respondent in the tax reference.

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