KARACHI: The Sindh High Court (SHC) has directed the commissioner Inland Revenue Appeals Karachi to decide the stay application within seven days on a constitutional petition filed by M/s FG Properties against impugned recovery notice of Rs 44,903,937 for the tax year 2015.
A two-member bench, headed by Justice Irfan Sadat Khan and Justice Arshad Hussain Khan, took up the petition and disposed it of with directions to the commissioner Inland Revenue Appeals Karachi to decide the stay application pending before it within seven days and no recovery proceedings would be effective in these seven days.
Earlier, counsel for the petitioner stated that assistant/ deputy commissioner Inland Revenue Unit-IV, Zone-III passed an order under section 122 (1) (d) of the Income Tax Ordinance 2001, against the petitioner, creating the demand of amounting to Rs44,903,937 for the tax year 2015.
According to the counsel for petitioner, being aggrieved it filed appeal before commissioner Inland Revenue Appeals Karachi along with stay application however, pending such appeal, petitioner is being threatened by the tax department for coercive action.
Citing Secretary Revenue division, commissioner Inland Revenue Appeals Karachi and assistant/ deputy commissioner Inland Revenue Unit-IV, Zone-III as respondents, it pleaded the court may direct concern authority to decide its appeal within reasonable period and till final decision on its appeal, tax department restrain any action against the petitione
