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Home Breaking News

SHC seeks comments from FBR officials on petition filed by M/s Indus Motor Company Limited

byM.B. Rana
25/08/2021
in Breaking News, Karachi, Latest News, Slider News
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KARACHI: A two-member bench of the Sindh High Court (SHC) issued notices to the Federal Board of Revenue’s officials and deputy attorney general of Pakistan and directed them to file their respective para wise comments for next date of hearing on a constitutional petition filed by M/s Indus Motor Company Limited against issued notices for audit.

On 24 August 2021, during the hearing, counsel for the petitioner has argued that petitioner is a duly incorporated company engaged in the manufacturer, assembling, marketing, distribution and sale of various vehicles, related accessories and spare parts sold under the brand name “Toyota”.

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He further argues that petitioner challenges the unlawful actions of respondents in selecting petitioner for an audit under section 25 of the sales tax act, 1990 through notices issued by respondents dated August 03, 2021 for the relevant tax periods, notices issued by deputy commissioner Inland Revenue Audit Unit-04, Audit-II, Large Taxpayer’s Office dated August 04, 2021 and April 26, 2021, further notice dated July 09, 2021 for selecting a taxpayer for an audit.

Citing Chairman Federal Board of Revenue, Commissioner Inland Revenue Audit-II, Large Taxpayer’s Office and deputy commissioner Inland Revenue Audit Unit-04, Audit-II, Large Taxpayer’s Office as respondents, petitioner pleaded the court to declare that the impugned notices are without lawful authority and of no legal effect.

He further pleaded the court may declare that the impugned notices are unlawful and in violation of the proviso to section 25(2) as inserted through Finance act, 2018 and court suspend these impugned notices and prohibit respondents from taking any adverse action against the petitioner on the basis of the impugned notices for the relevant tax period.

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