SHC remands back cases to Income Tax Appellate Tribunal
KARACHI: The Cut and Paste of paragraphs in different appeals irked an Income Tax Appellate bench of High Court of Sindh (SHC) comprising Justice Muhammad Junaid Ghaffar and Justice Jawad…
Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Cut and Paste of paragraphs in different appeals irked an Income Tax Appellate bench of High Court of Sindh (SHC) comprising Justice Muhammad Junaid Ghaffar and Justice Jawad…
KARACHI: The Army Chief Asim Munir visited Karachi and gave briefings and instructions at the Apex Committee meeting on various issues related to land grabbing, narcotics, smuggling, tax evasion, income…
KARACHI: The Islamabad High Court (IHC) has ruled that the super tax imposed under Section 4C of the Income Tax Ordinance 2001 will not have any retrospective application and will…
KARACHI: An appellate bench of High Court of Sindh over turned a judgment by Income Tax Appellate (ITAT) passed in favor of Karachi Stock Exchange (Now Pakistan Stock Exchange) pertaining…
KARACHI: An Income Tax Appellate bench of High Court of Sindh decided a Income Tax Reference Application bearing Nos 973 to 977 of 2008, filed by Commissioner (Legal Division) against…
KARACHI: Federal Board of Revenue (FBR) had tasked Directorate of PCA South to carry out sector-based audit of solar penal importers to check twin aspects of over-invoicing and trade based…
KARACHI: An appellate bench of High Court of Sindh allowing an appeal filed by Commissioner, Inland Revenue, Large Tax Payer’s Officer (LTO) seeks discharge of sureties in favor of the…
KARACHI: While disposing of a complaint, Tax Ombudsman Asif Jah has directed FBR to withdraw the notice of monitoring of withholding tax and to cancel registration/NTN of deceased person. Briefly,…
KARACHI: Karachi Tax Bar Association (KTBA) has moved against notices issued by the Inland Revenue to Malls, Amusement Parks etc asking them to collect income tax on electricity bill. KTBA…
KARACHI: Sharjeel Jamal, Convener of FPCCI’s Advisory Committee on Trade & Regulatory Laws, for the year 2022. has congratulated the business community regarding imposition of Super Tax for the fiscal…
QUETTA: Hearing a petition filed by Quetta Chamber of Commerce & Industry (QCCI), a division bench of High Court of Sindh (SHC) restrained the In Land Revenue / Income Tax…
KARACHI: A custom bench of High court of Sindh allowed dozens of petitions filed by Shirazi Traders and other importers against Show Cause Notices (SCNs) issued by officers of Collectorate…
KARACHI: Chief Collector Appraisement South Ashad Jawwad has formed a committee to investigate lapse in recovery of correct amount of withholding tax. As reported by MCC appraisement East Karachi, during…
KARACHI: On a complaint filed by an Additional SessionJudge, FTO has asked FBR to clarify the legal status of withoilding tax on judicial and special judicial allowance admissible to district…
KARACHI: A division bench of High Court of Sindh comprising Justice Aqeel Ahmed Abbasi and Justice Mrs Kausar Sultana Hussain ordered provisional release of plant and machinery imported by Dandot…
KARACHI: An appellate bench of High Court of Sindh has restrained the Inland Revenue department from forced recovery of Income Tax from Mekotex Pvt Ltd, Landhi, Karachi. The bench heard…
KARACHI: During currency of investigations, on a teacher’s complaint, FTO has observed that levying 10% withholding tax on teachers for providing their services for paper marking is discriminatory. Due to…
KARACHI: While disposing of a complaint, FTO Dr. Asif Jah has directed FBR to revisit the tax order, in case of a Pakistani seafarer who is a Master Mariner sailing…
KARACHI: Representations/Appeals filed by Federal Board of Revenue Rejected/Dismissed by Dr. Arif Alvi, Honourable President of Islamic Republic of Pakistan. The President of Islamic Republic of Pakistan has dismissed/rejected 81…
KARACHI: An appellate bench of High Court of Sindh seized with the hearing of custom, sales tax and income tax matter is discouraging the un-necessary litigation’s. The bench in a…