Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Karachi

SHC adjourns Rs 64.14m tax evasion case

byM.B. Rana
22/05/2016
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) has adjourned the hearing of a petition filed by Moaiz Akbar Ali Kakal against demand notice of Rs 64.165 million issued on alleged tax evasion.

The hearing was fixed before a two-member bench, comprising Justice Munib Akhter and Justice Abdul Malik Gaddi, but the bench could not take the case due to shortage of the time. The court adjourned the hearing for date decided by office later.

You might also like

Govt plans 7-year car installment scheme with loans up to Rs10m

14/05/2026

Railways ML-1 upgradation project to start this year, estimated cost set at $6.66b

14/05/2026

Earlier, the petitioner’s counsel stated that petitioner was engaged in the business of timber and paying all leviable taxes regularly. However, officials of the tax authorities issued a notice stating that during physical verification on April 26, 2016, it was found that the petitioner was involved in tax evasion, therefore, he was asked to pay Rs 64.165 million for the tax period ending March 2016.

According to the petitioner, officials concerned did physical verification of only two premises on which the remaining inventory stock of the petitioner is available as mentioned. The counsel argued that the petitioner had explained all situation but respondents did not bother to understand and raided the premises of the petitioner without issuing notice and took the computer and other things away with them which is illegal, mala fide and unjustified.

Citing Ministry of Law secretary, FBR chairman, RTO-III Inland Revenue commissioner and others as the respondents, the petitioner pleaded the SHC to set aside impugned demand notice and restrain the respondents from taking any action against it. The court was further requested to direct the petitioner to release computer and other equipments.

Related Stories

Govt plans 7-year car installment scheme with loans up to Rs10m

byCT Report
14/05/2026

LAHORE: The federal government is considering a major overhaul of auto financing rules that would allow long-term car installment plans...

Railways ML-1 upgradation project to start this year, estimated cost set at $6.66b

byCT Report
14/05/2026

ISLAMABAD: The Ministry of Railways has presented a detailed plan in the National Assembly for the upgradation of the 1,726-kilometre...

Federal capital needs proper representation in NFC Award: ICCI

byCT Report
14/05/2026

ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICCI) Sardar Tahir Mehmood has called for the immediate inclusion of Islamabad...

FBR plans AI-based system to detect false tax return data

byCT Report
14/05/2026

ISLAMABAD: The Federal Board of Revenue (FBR) is planning to introduce an AI-based tax monitoring system through the upcoming Finance...

Next Post

ICCI for doubling income tax threshold in budget 2016-17

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.