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IHC to hear tax reference filed by M/s Islamabad Electric Company against FBR today

byNaeem Ullah Tariq
23/11/2016
in Islamabad, Latest News
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ISLAMABAD: Islamabad High Court will hear Islamabad Electric Supply Company tax reference on Wednesday (today) challenging tax recovery claim announced by the field offices of Federal Board of Revenue (FBR).

As IHC division bench comprising Justice Aamer Farooq would hold hearing of the case submitted by Islamabad Electric Supply Company. Islamabad Electric Supply Company had filed cases against Large Taxpayers Unit-field office of Federal Board of Revenue.

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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.

Islamabad Electric Supply Company 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.

Islamabad Electric Supply Company also stated that show cause notice mentioning outstanding tax amount was issued with mala fide intentions. The appellant further prayed the court to bar LTU from taking coercive measure to recover the said amount.

Islamabad Electric Supply Company 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 prayed the court to decide the case early as the appellant had to bear financial complications after the case.

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.

 

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