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M/s Bawany Suger Mills moves SHC against recovery notice of Rs 264.5 million

byM.B. Rana
15/06/2017
in Karachi, Latest News
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KARACHI: The Sindh High Court (SHC) has sought comments from tax authorities on a constitutional petition filed by M/s Bawany Suger Mills Limited against recovery notice of Rs 264.5 million issued by commissioner Inland Revenue Zone-II Large Taxpayers Unit (LTU).

A two-member bench also restrained the tax authorities from taking any coercive action against the petitioner and directed them to file their respective comments on the next date of hearing.

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Earlier, counsel for the petitioner stated that above mentioned tax authority issued a show cause notice for enforce recovery of the said amount, therefore, being aggrieved it moved to commissioner Appeals and filed appeal along with stay order, which is still pending for disposal, however, during pendency of such appeal, petitioner is being threatening by the tax authorities for enforce recovery of disputed amount including attachment of its bank accounts.

Citing Secretary Ministry of Law, Chairman Federal Board of Revenue and Commissioner Inland Revenue Zone-II Large Taxpayers Unit as respondents, petitioner pleaded the court may restrain them from taking any action till final decision of its appeal.

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