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 Breaking News

SHC settles ITRA filed by CIR against M/s Tourism Promotion Service Pak Limited

byM.B. Rana
20/05/2022
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: A two-member bench of The Sindh High Court (SHC) disposed of income tax reference application (ITRA) in favour of taxpayer and against appellant filed by Commissioner Inland Revenue against M/s Tourism Promotion Service Pak Limited.

You might also like

KP approves Finance Bill 2026-27 with new taxes, tougher penalties

27/06/2026

Pakistan honored with SCO Business Council leadership for 2027

27/06/2026

On 19 May 2022, during the hearing, Fauzia Murad, Advocate holds brief for Dr. Shahnawaz Memon, Advocate for the appellant and Abid H. Shahan Advocate for the respondent attended the court.

During the hearing, court proceeded income tax reference application No 217/ 2012.  Counsel for the respondent states that similar questions of law came up hearing in ITRA No 158/ 2013, which pertains to the assessment year 2002-2003, whereas the present reference application pertains to the subsequent year 2004.

He states that since the assesse is the same, the questions of law are the same, hence, the instant IRTA may be decided in the same terms as decided vide order dated 5/9/2019. The counsel for the department could no controvert the said position.

Wer therefore, under the circumstances, dispose of the present ITRA in the same terms as decided in ITRA No 158/ 2013 by answering both the questions in affirmative I,e against the department and in favor of the taxpayer.

Let a copy of this order be sent to registrar tribunal under the seal of this office, instant income tax reference application disposed of”.

Related Stories

KP approves Finance Bill 2026-27 with new taxes, tougher penalties

byCT Report
27/06/2026

PESHAWAR: The Khyber Pakhtunkhwa government has approved the Finance Bill for fiscal year 2026-27, introducing significant increases in provincial taxes...

Pakistan honored with SCO Business Council leadership for 2027

byCT Report
27/06/2026

ARACHI: Atif Ikram Shiekh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has attended the Shanghai...

Pakistan, Iran push for rail and road connectivity to unlock bilateral trade

byCT Report
27/06/2026

LAHORE: Pakistan and Iran have agreed to accelerate efforts to improve cross-border transportation networks, with both countries identifying stronger road...

SHC declares FBR officers’ appointment to monitor private business null & void

byCT Report
27/06/2026

KARACHI: The Sindh High Court (SHC) on Saturday declared a Federal Board of Revenue (FBR) office order appointing officers to...

Next Post

Led by Najaf Quli Mirza, Karachi NAB recovers, distributes Rs373.6m among victims

  • 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.