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Home Islamabad

IHC to hear petition filed against FBR’s audit policy today

byNaeem Ullah Tariq
04/05/2016
in Islamabad, Latest News
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ISLAMABAD: A single bench of the Islamabad High Court (IHC) will hear a petition on Wednesday, challenging the Federal Board of Revenue (FBR) policy to select business entities for audit through a computer-based random balloting.

The petitioner, M/s OMV Maurice Energy Limited had challenged the policy, questioning selection method used in it and criterion set for entitling audit through the policy. A single bench of IHC comprising Justice Aamer Farooq would hear the case.

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The appellant had prayed the court to declare the policy ultra vires and in violation of constitution as it often undermines law and equality before the law.

Moreover, the petitioner prayed the court to declare audit selections made under the said policy as illegal and without lawful grounds and also the orders, notices and show cause notices issued under the impugned policy. The appellant had named FBR and officers of LTU, Islamabad as respondent in the petition.

It is pertinent to mention that LTU alone had selected 75,870 corporate and non-corporate entities for audit under the said policy in 2015.

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