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Home Islamabad

IHC seeks record from tax authorities on petition filed by M/s Attock Oil Company

byNaeem Ullah Tariq
02/01/2017
in Islamabad, Latest News
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ISLAMABAD: While directing the Federal Board of Revenue (FBR) to submit the record relating to the issuance of tax recovery notice to M/s Attock Oil Company Limited, the Islamabad High Court (IHC) dated in the office the hearing of the matter during the fourth week of December.

With the said directions, the bench adjourned the hearing for January. A single bench of the IHC comprising Justice Aamer Farooq heard the case, challenging a show cause notice issued by the Large Taxpayers Unit, Islamabad.

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The appellant had submitted that the Appellate Tribunal Inland Revenue (ATIR) had maintained the decision of the LTU adjudication in ignorance of law and the appellant’s submissions were not addressed completely challenging recovery of the outstanding tax amount.

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

M/s Attock Oil Company Limited had prayed the court to direct the LTU not to recover the said amount and abstain from any coercive action in this regard.

The petitioner had prayed the court that to suspend the order of the tax authorities till the decision of the appeal pending before the field office of the FBR.

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