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 suspends notice for attachment of bank accounts of Multinet Pakistan

byM.B. Rana
29/04/2017
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) has suspended an impugned notice for attachment of the petitioner’s bank accounts for the recovery of disputed amount of Rs 931,192,600. The court ordered this on a constitutional petition filed by Multinet Pakistan (Private) Limited against demand notice of the said amount issued by additional commissioner Inland Revenue, Large Taxpayer Unit Audit Range-A Zone-III.

While the hearing of the petition, a two-member bench, headed by Justice Aqeel Ahmed Abbasi also issued notice to the tax department and deputy attorney general, directing them to file their respective para wise comments on the next date of hearing.

You might also like

ICCI delegation calls on Minister for State on Interior

11/09/2026

Around 70 global crypto exchanges seek licences to enter Pakistan, says PVARA chief

11/09/2026

Earlier, counsel for the petitioner stated that it is engaged in the business of telecommunication services and discharges its duties towards payments of tax diligently, however, additional commissioner Inland Revenue Large Taxpayer Unit Audit Range-A Zone-III issued a show cause notice to the petitioner under section 122 (5A) of the income tax ordinance in respect of liability of Rs931,192,600.

Being aggrieved, petitioner filed an appeal before concerned authority which is pending for disposal, however, officials of the tax department moved for enforce recovery and directives of the tax authorities, bank attached its bank accounts for enforce recovery without any lawful authority.

Citing Secretary Ministry of Finance, chairman Federal Board of Revenue, additional commissioner Inland Revenue Large Taxpayer Unit, Audit Range-A, Zone-III and others as respondents, it pleaded the court may restrain them from taking any coercive action against the petitioner till final disposal of its appeal.

Related Stories

ICCI delegation calls on Minister for State on Interior

byCT Report
11/09/2026

ISLAMABAD: Sardar Tahir Mehmood, called on Minister of State for Interior Talal Chaudhry and discussed the sealing of commercial plazas...

Around 70 global crypto exchanges seek licences to enter Pakistan, says PVARA chief

byCT Report
11/09/2026

ISLAMABAD: Pakistan as the country moves from a ban on cryptocurrencies towards a regulated digital-asset market, Pakistan Virtual Asset Regulatory...

FBR to deploy real-time production monitoring system across leather sector by Dec 2026

byCT Report
11/09/2026

ISLAMABAD: The Federal Board of Revenue (FBR) plans to begin real-time monitoring of leather production by November 2026, with the...

Roshan Digital Account investments reach $13.9b

byCT Report
11/09/2026

KARACHI: Investment through Roshan Digital Accounts (RDAs) has reached approximately $13.9 billion, according to the latest data released by the...

Next Post

Hyderabad FIU impounds oil filled tanker valued Rs03.6m

  • 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.