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Home Karachi

SHC directs tax authorities to decide appeal of M/s New Allied Electronics within month

byM.B. Rana
14/02/2017
in Karachi, Latest News
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KARACHI: The Sindh High Court (SHC) has directed the Commissioner Inland Revenue (Appeals-II) to decide the appeal of M/s New Allied Electronics Industries (Private) Limited within four weeks.

The SHC ordered this on a constitutional petition filed by the company against impugned notice for attachment of its bank accounts for recovery of disputed amount.

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A two-member bench, headed by Justice Aqeel Ahmed Abbasi was hearing the petition. After hearing arguments from both sides, the court disposed of the petition with directions that respondents will not take any coercive action against the petitioner till final decision of the case.

Earlier, counsel for the petitioner stated that M/s New Allied Electronics running a business as importer and exporter of mobile phones and others electronics items and paying all liabilities regularly, however, the Deputy Commissioner Audit Unit-01, Zone-01 Large Taxpayers Unit (LTU) issued notice for recovery of unjustified amount of taxes and further is going to attach the bank accounts of the petitioner for recovery of disputed amounts.

Citing Chairman Federal Board of Revenue (FBR), the commissioner Inland Revenue (Appeals-II) Large Taxpayers Unit and the deputy commissioner Audit Unit-1, Zone-1 Large Taxpayer Unit as respondents, importer pleaded the court may restrain them from taking any coercive action against the petitioner.

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