ISLAMABAD: A division bench of the Islamabad High Court (IHC) will resume the hearing of a tax reference filed by M/s Pakistan Tobacco Company Limited on Thursday.
A division bench of the IHC comprising Justice Athar Minallah and Justice Miangul Hassan Aurengzeb would hear the matter. The bench would hear the matter for the second time. Earlier, this case was heard a single bench of the IHC. The appellant had approached the court challenging the previously given decision.
Through the petition, M/s Pakistan Tobacco Company Limited had challenged imposition of ‘Super Tax regime 2015.’
A super tax is being imposed for collecting funds for rehabilitation of temporarily displaced persons under provisions of Income Tax Ordinance, 2001 after inserting section 4-B of Finance Act, 2015 in the Income Tax Ordinance, 2001.
