Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Islamabad

IHC to hear of tax references filed by M/s TNB Liberty Power Limited, M/s Aftab Traders on Monday

byNaeem Ullah Tariq
12/11/2016
in Islamabad, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: Islamabad High Court’s division bench would resume hearing of two tax references filed against Federal Board of Revenue (FBR) on Monday.

IHC division bench, comprising Justice Shaukt Aziz Siddiqui and Justice Mohsin Akhtar Kiyani would hear the cases filed by M/s TNB Liberty Power Limited and M/s Aftab Traders.

You might also like

FBR to auction 32-kanal Bahria Golf City property

28/09/2026

PNSC posts 5pc rise in FY2026 net profit to Rs21.55 billion

28/09/2026

M/s Aftab Traders had challenged ATIR decision pertaining to their tax complaints contesting show cause notices issued by LTU, Islamabad. The appellant had challenged show cause notice for recovery of Rs 2,311,870 in head of income tax.

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

M/s TNB Liberty Power Limited Islamabad had filed the case seeking restrictions for Large Taxpayers Unit, Islamabad about recovering outstanding tax amount or making any other coercive move prior to court’s directions on the issue.

M/s TNB Liberty Power Limited Islamabad also stated that show cause notice mentioning outstanding tax amount was issued with mala fide intentions. The appellant further prayed the court bar LTU from taking coercive measure to recover the said amount.

M/s TNB Liberty Power Limited 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.

The appellant 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 too.

 

Related Stories

FBR to auction 32-kanal Bahria Golf City property

byCT Report
28/09/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has announced the auction of a 32-kanal property in Bahria Golf City, Rawalpindi,...

PNSC posts 5pc rise in FY2026 net profit to Rs21.55 billion

byCT Report
28/09/2026

KARACHI: Pakistan National Shipping Corporation (PNSC) has reported a 5% year-on-year increase in consolidated net profit for the fiscal year...

FBR condemns terrorist attack on Customs check post in DI Khan

byCT Report
28/09/2026

ISLAMABAD: The Federal Board of Revenue (FBR) strongly condemned the terrorist attack on the Joint Check Post at Aman Mela...

Pakistan Customs, PSW advance trade verification with Hong Kong Customs

byCT Report
28/09/2026

HONG KONG: Pakistan has taken another step towards trusted digital trade with the operationalization of Pakistan Single Window’s (PSW) integration...

Next Post

PCA detects tax evasion allegedly by M/s Naurang Impex

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.