LAHORE: The Lahore High Court (LHC) suspended Rs 199.1 million tax recovery notices served on Jahangir Tareen Sugar Mills JWD.
On 3.9.2018, Justice Shahid Waheed heard the case in which counsel of appellant on behalf of the administration of JWD Sugar Mills argued that the Federal Board of Revenue (FBR) issued Rs 199.1 million tax recovery notices.
He further said as Jahangir Tareen is a central leader of Pakistan Tehreek-e-Insaf, therefore he is being victimized. He said the Jahangir Tareen Sugar Mills paid all the tax liabilities for the each year.
The appeal was filed against the commissioner Inland Revenue and other Federal Board of Revenue officers involved in the same case.
He added that the notices to Jahangir Tareen Sugar Mills were served in tenure of previous government. Further added, the same notices are under proceeding before the Commissioner Appeals. Commissioner Inland Revenue (CIR) has already issued stay order in our favor. Besides the stay order the notices issued by commissioner IR should be declared as null and void.
On the other hand, the counsel from the Federal Board of Revenue (FBR) said the law has been amended therefore notices for tax recovery should be issued to the short paid taxpayers.
After hearing the arguments, the court declared that the notice issued by the Federal Board of Revenue stand as null and void.
Court also ordered to commissioner Inland Revenue (CIR) to decide the case of Jahangir Tareen within thirty days of hearing and the tax notices have been suspended.
