KARACHI: The Sindh High Court (SHC) directed the Appellate Tribunal Inland Revenue Karachi to decide the appeal of the petitioner within a reasonable time on constitutional petition filed by M/s House Buildings Finance Corporation Ltd against the impugned notice for recovery of Rs253million issued by the Commissioner Inland Revenue Audit Unit-II Zone-IV.
Hearing the petition, a two-member bench, comprising Justice Aqeel Ahmed Abbasi and Justice Muhammad Arshad Khan, also issued notices to the tax department and deputy attorney general of Pakistan and directed them to file their respective comments on the next date of hearing. The court adjourned the hearing for March 14, 2017.
Earlier, counsel for the petitioner stated that the HBFCL fulfilling all liabilities regularly, however Commissioner Inland Revenue Audit Unit-II Zone-IV issued a notice to the petitioner for recovery of the said amount. Being aggrieved, it approached the appellate tribunal IR and filed an appeal along with the stay application which are pending for disposal, however said respondents are threatening with the forced recovery of said amount.
Citing Appellate Tribunal Inland Karachi, Deputy Commissioner Inland Revenue Audit Unit-II Zone-IV, Large Taxpayer Zone-IV, the Commissioner Inland Revenue Audit Unit-II Zone-IV and other as respondents, petitioner pleaded with the court may to restrain them from forced recovery of said amount and also direct the appellate tribunal to pass an order on its appeal as soon as possible.
