SHC prevents IT department from Super Tax recovery

KARACHI: Justice Muhammad Ali Mazhar of High Court of Sindh (SHC) on Tuesday allowing an application for interim order in two identical suits challenging super tax.

The single judge earlier heard counsel for Franklin Law Associates representing plaintiff Tariq Rafi in a fresh challenge to section 4B of the Income Tax Ordinance which imposes “Super Tax” on persons having income above 500 million.

Tariq Rafi, owner of Ocean Tower and five others prayed to the court to suspend recovery notices on ground that such a tax cannot be imposed at the strength of the Finance Act. The tax was to be used for welfare of the internally displaced people.

The bench today after initial arguments on the application allowed the same restraining the Income Tax officers from enforcing recovery till decision in the instant suits pertaining to tax year 2016 and 2017.

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