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Home Karachi

SHC seeks comments from Tax Dept on DFL Corporation’s petition

byM.B. Rana
18/05/2017
in Karachi, Latest News
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KARACHI: The Sindh High Court (SHC) issued notices to the Tax Department and Deputy Attorney General of Pakistan and directed them to file their para-wise comments on a constitutional petition filed by the DFL Corporation Private Ltd seeking exemption from levy of Income Tax under clauses 103A 2 part I of Second Schedule of Ordinance-2001.

A two-member bench, headed by Justice Aqeel Ahmed Abbasi, was hearing the petition. The court also adjourned the hearing for May 19, 2017.

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Earlier, counsel for the petitioner stated that his client is engaged in a lawful business of holding a parent company and coordinate the business and activities of the two other group entities name Dalda Foods Private Ltd and Oil Processors and Refiners Private Ltd and fulfils all the liabilities properly, however officials of the Tax Department issued a show cause notice dated 21/04/2017 for impugned demand in which petitioner is exempted from levy of Income Tax.

The counsel argued that respondents issued said show cause notice without a lawful authority.

Citing to Secretary, Ministry of Law, Chairman Federal Board of Revenue, Additional Commissioner Inland Revenue Audit Range-I, Regional Tax Office RTO as respondents, the counsel pleaded with the court to kindly declare that the impugned show cause notice issued by respondents is arbitrary, illegal and mala fide. He also pleaded with the court to set aside the impugned notice and restrain them from taking any coercive action against the petitioner till the final order of this petition.

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