SHC hears petition against tax demand

KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan on Wednesday deferred hearing in a petition against tax demand raised by Revenue Authorities.

The bench earlier heard Ajmad Javed Hashmi submitted that petitioner maintains ‘Goods Receipt Note’ in respect of goods procured. Normally the order is placed by telephone or other latest methods and once goods are arrived stringent measures are in place to monitor supply or delivery.

When the respondent authorities visited our place we have placed all relevant record before them, submitted the counsel for petitioner. There was no basis for taxation and hence respondents could not proceed for levy of tax, he further contended.

To a question by the bench he said that petitioner is not denying the factum of procurement of goods. To another question he said that he will inquire from his client about the “purchase orders” if any. Amjad Javed Hashmi sought time for filing the copies of purchase orders.

The bench allowing the request deferred further hearing till Oct 17.

Bookmark the permalink.

Comments are closed.

  • RSS Newsnreleases

    • Morgan Stanley’s Antwerp Management buying Augean Plc for £314.9mn 30-Jul-2021
      LONDON, UK: Antwerp Management Limited, a newly-incorporated company indirectly owned by funds managed or advised by Morgan Stanley Infrastructure Inc.... Continue reading The post Morgan Stanley’s Antwerp Management buying Augean Plc for £314.9mn appeared first on NewsnReleases.
    • Heineken assumes control of United Breweries Limited 30-Jul-2021
      AMSTERDAM, Heineken N.V. has obtained control of United Breweries Limited (UBL) in India following recent acquisition of additional ordinary shares in UBL, taking its... Continue reading The post Heineken assumes control of United Breweries Limited appeared first on NewsnReleases.
    • Dicker Data to acquire Exceed Group for $68 million 30-Jul-2021
      SYDNEY, AUSTRALIA: Dicker Data Limited has entered into a binding Sale and Purchase Agreement (SPA) to acquire the Exeed Group operating across Australia and... Continue reading The post Dicker Data to acquire Exceed Group for $68 million appeared first on NewsnReleases.
    • Magnit starts making ready-to-eat products for convenience stores 30-Jul-2021
      KRASNODAR, RUSSIA: Magnit PJSC, one of Russia’s leading retailers, started making ready-to-eat products for its convenience stores in Magnit Family... Continue reading The post Magnit starts making ready-to-eat products for convenience stores appeared first on NewsnReleases.
    • Qatar Holding buys stake in Airtel Africa’s mobile money business 30-Jul-2021
      LONDON, UK: Qatar Holding LLC, an affiliate of the Qatar Investment Authority (QIA), has agreed a minority stake in Airtel Mobile... Continue reading The post Qatar Holding buys stake in Airtel Africa’s mobile money business appeared first on NewsnReleases.