ISLAMABAD: A single bench of the Islamabad High Court (IHC) will hear M/s Islamabad Electric Supply Company’s tax reference, seeking restraining the Regional Tax Office (RTO) from recovering outstanding tax of Rs 8.6 billion.
A single bench of the IHC comprising Justice Aamer Farooq would hear the reference filed against the RTO Islamabad, in which the chief commissioner and other officers of the RTO were made party.
The appellant had challenged the RTO order, dated May 14, 2014, demanding Rs 8.6 billion as outstanding tax for the fiscal year from July 2012 to June 2013.
The order was issued under provisions of Sales Tax Ordinance 1990. The appellant had prayed to court to decide on his petition seeking restrictions over recovery of said amount and decision over its appeal pending before the RTO officers.