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 directs IR Commissioner to decide Fancy Veneer and Plywood Industries’ appeal in four weeks

byM.B. Rana
09/02/2017
in Karachi
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) has directed the Commissioner Inland Revenue Appeals-V RTO to decide the appeal of the petitioner within four weeks. During this period, the tax authorities will not enforce recovery from the petitioner. The court ordered this on a constitutional petition filed by M/s Fancy Veneer and Plywood Industries against impugned notice for recovery and attachment of its bank accounts.

A two-member bench, comprising Justice Aqeel Ahmed Abbasi and Justice Muhammad Arshad Khan, was hearing the petition.

You might also like

Govt cuts profit rates on National Savings schemes

18/07/2026

Karachi Port sets 138-year cargo handling record

17/07/2026

During the hearing, counsel for the petitioner stated that instant petition can be disposed of in terms of earlier orders passed by this court in a number of similar petitions, whereby the respondents have been restrained from enforcing the recovery of the impugned demand, which is subject matter of appeal before commissioner (appeals), till its final disposal, as the standing counsel did not oppose disposal of instant petition in the aforesaid terms.

After the arguments, the court disposed of the same with directions to the respondents not to enforce recovery of impugned demand, which is subject matter of appeal before commissioner appeals, till its final disposal, whereas, in case of any adverse order, if passed by the commissioner appeals, the respondents shall not enforce recovery of impugned demand for further period of 7 days from the date of receipt of such the appellate order.

The court also mentioned in its order that “it is expected that the appeal of the petitioner, if not disposal of so far by the commissioner IR appeals, shall be decided within a period of four weeks from the date of receipt of this order, which may be communicated to it in the counsel for the petitioner within one week.”

Citing Sectary Ministry of Finance, Chairman Federal Board of Revenue, Commissioner Inland Revenue Appeals-V RTO, the Officer Inland Revenue Unit-III Zone-IV, RTO III and the Assistant Deputy Commissioner Inland Revenue Unit-III Zone-IV, RTO III as respondents, the petitioner pleaded the court may declare that impugned notice issued by tax department to the bank managers for attachment of petitioner’s account for enforce recovery of disputed amount, which subject in appeal pending before Commissioner IR Appeals is illegal, mala fide and arbitrary.

Related Stories

Govt cuts profit rates on National Savings schemes

byCT Report
18/07/2026

KARACHI: The government has reduced profit rates on several National Savings schemes, lowering returns for investors under selected savings instruments....

Karachi Port sets 138-year cargo handling record

byCT Report
17/07/2026

KARACHI: Pakistan's maritime sector has achieved a major milestone as Karachi Port set a new record in its 138-year history...

Over 2,000 electric vehicles arrive at Karachi Port in Pakistan’s first Ro-Ro shipment

byCT Report
17/07/2026

KARACHI: Pakistan has received its first-ever roll-on/roll-off (Ro-Ro) shipment carrying more than 2,000 electric vehicles (EVs), marking a significant development...

Auto, housing finance and private sector credit post strong growth in June: SBP

byCT Report
17/07/2026

KARACHI: Auto financing, housing finance, personal loans and bank lending to the private sector recorded significant growth in June 2026,...

Next Post

LCCI urges govt to develop cottage and small & medium enterprises

  • 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.