KARACHI: Mian Shafiq Business International has approached the Sindh High Court (SHC), challenging the impugned demand notice of Rs 13,67,82,769/- income tax for the year 2014 and attachment of its bank accounts for recovery of disputed amount by the assistant, deputy Commissioner Inland Revenue (Audit-4) Karachi.
In his constitutional petition, Muhammad Kashif, the proprietor of the company, stated that he is imports tyres and tubes and through electronic online system e-filed annual tax returns for the tax year 2014 and the case of the petitioner purportedly been selected for the audit of income tax affairs by the secretary Revenue Division. He said that the deputy Commissioner Inland Revenue ( Audit-4 ) Karachi has passed an impugned order on July 11, 2016, raising liabilities of Rs 13,67,82,769 out of which certain amount of over Rs 60 million on account of income tax had already been paid during the import of goods.
According to the petitioner, despite the serious dispute with regard to tax liability and pendency of appeal is illegally attached the bank accounts and extraneous and coercive actions against the petitioner assets although the petitioner duly informed about the pendency of appeal before the commissioner Inland Revenue ( appeals-IV ) Karachi.
Citing secretary Revenue division, commissioner Inland Revenue (Appeals-IV ) Karachi, the assistant deputy commissioner Inland Revenue (Audit-4) Karachi as respondents, petitioner pleaded the SHC may restrain the respondents to prohibit themselves from taking any adverse or coercive action against the petitioner including attachment of bank accounts and assets in whatsoever manner until the final outcome of the impugned order before the appellate forum.
