ISLAMABAD: The Islamabad High Court will (IHC) will hear a reference on Thursday (today), seeking to restrict the Federal Board of Revenue (FBR) from recovering outstanding tax amount of Rs 178.23 million.
M/s Nayatel (Private) Limited had filed the case scheduled to be heard by the IHC single bench comprising Justice Aamer Farooq.
The company had filed the case seeking restrictions for Large Taxpayers Unit (LTU), Islamabad about recovering outstanding tax amount or taking any other coercive action prior to court’s directions on the issue.
The FBR, officers of LTU including Inland Revenue (IR) commissioner, IR-Appeals commissioner and Appellate Tribunal Inland Revenue (ATIR) were made respondent in the case.
Through the petition, M/S Nayatel had complained against LTU officer that he had issued an assessment in February 17, 2016 stating that it was illegal and unjust. The LTU had issued notice to recover Rs 178,230,718 under the head of sales tax.
The company informed the court that its stay application was pending before the IR-Appeals commissioner. It also asked that the assessment order issued by the LTU officer was illegal, unlawful and without legal grounds.
The petitioner had also stated that order was issued with malafide intentions and resultantly coercive measure of recovery of sales tax and federal excise duty were started which must be stopped.
