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LHC orders PCB to pay Rs60 million property tax

byCustoms Today Report
30/04/2015
in Business
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LAHORE: The Lahore High Court (LHC) has ordered the Pakistan Cricket Board (PCB) to pay Rs60 million property tax on the Gaddafi Stadium, dismissing a petition by the board against levy of the tax by the excise department.

Punjab government’s counsel told the court on Wednesday that the PCB was using the Gaddafi Stadium for commercial purposes and was thus liable to pay tax.

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“Property being used for commercial purposes is liable by the law to be taxed,” the counsel said.

In his short verdict, Justice Ibad-ur-Rehman Lodhi ordered the PCB to immediately pay its due taxes immediately.

“Tax collected by the government is used for benefit of the people,” Justice Lodhi said.

Earlier, the PCB had challenged the Rs60mn tax notice by Punjab government in the LHC, citing the reason that the provincial government was not authorised to enforce tax on a sports field.

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