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Home Karachi

SHC summons tax officials in Tristar Transport’s Rs 584m tax case

byM.B. Rana
28/07/2016
in Karachi, Latest News
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KARACHI: The Sindh High Court (SHC) on Wednesday issued notices to the tax authorities and deputy attorney general of Pakistan on a constitutional petition filed by M/s Tristar Transport (Private) Limited against impugned recovery notice of Rs 584.794 million.

While hearing the petition, a two-member bench, comprising Justice Muhammad Iqbal Kalhoro and Justice Khadim Hussain M Sheikh also directed the respondents to submit their respective comments until September 27,2016.

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Earlier, counsel for the petitioner stated that petitioner is engaged in providing transport and logistics facilities for carriage of petroleum, oil lubricants, and also chemicals/commercial products by land and is a regular e-filer of income tax returns up to tax year 2015. However, officials of the respondents passed order dated June 20,2016 creating a total tax liability of Rs 584,794,123 as per amended order passed under section 122 ( 1 ) read with section 122 ( 5 ).

According to the petitioner, it filed an appeal and stay application before appellate authority concerned, which are still pending.

Citing Ministry of Law secretary, FBR chairman, Large Taxpayers Unit-II Inland Revenue (IR) Zone-III commissioner and IR Audit Unit deputy commissioner as respondents, the petitioner pleaded the SHC may declare the impugned demand notice as illegal, unjustified and malafide order. It also pleaded the court may restrain them from taking any coercive measures against it.

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