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Home Islamabad

IHC to resume hearing of TNB Liberty Power case on Monday

byNaeem Ullah Tariq
26/11/2016
in Islamabad, Latest News
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ISLAMABAD: The Islamabad High Court (IHC) will resume the hearing of a tax matter on Monday challenging tax recovery claim announced by the field offices of Federal Board of Revenue (FBR).

A division bench of the IHC, comprising of Justice Shaukt Aziz Siddiqui and Justice Mohsin Akhtar Kiyani, will hear re-submissions made by M/S TNB Liberty Power Limited.

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During the last hearing, the bench had adjourned the case for further arguments. M/s TNB Liberty Power Limited had filed cases against Large Taxpayers Unit-field office of the Federal Board of Revenue.

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 malafide 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.

The appellant had also prayed the court to decide the case early as the appellant had to bear financial complications after the case.

Meanwhile, the court would also hear some other tax references challenging recovery claims made by the field offices of FBR.

 

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