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 seeks comments from tax authorities on petition by Pakistan Molasses Co.

byM.B. Rana
30/05/2017
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) has issued notices to the tax authorities and deputy attorney general, directing them to file their para-wise comments on a constitutional petition filed by Pakistan Molasses Company (Private) Limited against the impugned demand notice of Rs 17 million for the tax year 2014 issued by the Additional Commissioner Inland Revenue Unit-IV, Zone-II, Large Taxpayers Unit-II, Karachi.

A two-member bench, comprising Justice Aqeel Ahmed Abbasi and Justice Nazir Akbar, was hearing the petition. Earlier, counsel for the petitioner stated that it is engaged in the lawful business and never involved in any tax evasion case, however Additional Commissioner Inland Revenue Unit-IV, Zone-II, Large Taxpayers Unit-II, Karachi, passed an order against the petitioner creating a demand of Rs 17 milliom for tax year 2014.

You might also like

New transit framework with Iran to position Pakistan as regional trade hub: ICCI

28/04/2026

Pakistan not seeking new financing from friendly countries: Aurangzeb

28/04/2026

According to the petitioner, he moved the Commissioner Inland Revenue Appeals-IV and filed an application along with a stay application which is still pending for disposal. However during such pending appeal, petitioner is being threatened by high officials of the tax department.

Citing to Secretary Revenue Division, Commissioner Inland Revenue Appeals-IV, Additional Commissioner Inland Revenue Unit-IV, Zone-II, Large Taxpayers Unit-II, Karachi, and others as respondents, petitioner pleaded with the court to kindly restrain them from taking any coercive action till the final decision of the appeal. He also pleaded with the court to direct an appellate forum to decide its appeal within a reasonable period.

Related Stories

New transit framework with Iran to position Pakistan as regional trade hub: ICCI

byCT Report
28/04/2026

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI), has warmly welcomed the federal government’s recent decision to facilitate the transit...

Pakistan not seeking new financing from friendly countries: Aurangzeb

byCT Report
28/04/2026

SLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Aurangzeb has said that Pakistan has no intention to seek new...

Pakistani seafarers set sail on Norwegian-flagged ships under fresh MoU: Junaid Anwar Chaudhry

byCT Report
28/04/2026

ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry welcomed the signing of a memorandum of understanding (MoU) with...

PRA chairman reviews service sector’s revenue targets

byCT Report
28/04/2026

LAHORE: Punjab Revenue Authority Chairman Moazzam Iqbal Sipra chaired a meeting to review progress on revenue targets from the services...

Next Post

Hyderabad customs receives Rs1689.917m duties & taxes against target of Rs1930.98m

  • 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.