SHC terms performance of Customs Legal Wings as “worse”
KARACHI: A customs appellate bench of High Court of Sindh on Tuesday termed the performance of Legal wings of customs and counsels appearing for the department as worse. The bench…
FBR urged to update property rates in Bahawalpur region
KARACHI: The Federal Tax Ombudsman (FTO) has concluded its investigation into the valuation of real estate in Bahawalpur region and has advised the Federal Board of Revenue (FBR) to keep…
FBR Committee assures KCCI of resolving pending e-refund cases
The Federal Board of Revenue (FBR) Committee on Inland Revenue (IR) issues met with the Karachi Chamber of Commerce and Industry (KCCI) on Tuesday to discuss the problems faced by…
FTO advises Chairman FBR to provide additional staff to Post Clearance Audit
KARACHI: Federal Tax Ombudsman (FTO) Asif Mehmood Jah noted the FBR failure to develop effective and robust mechanism to capture due amount of sales tax at the import stage resulting…
President Dr. Arif Alvi confirms prompt and appropriate decision taken by Federal Tax Ombudsman
KARACHI: President Dr. Arif Alvi confirms prompt and appropriate decision taken by Federal Tax Ombudsman that non action by FBR in the case of non-filers/non-NTN holders who failed to disclose…
On FTO intervention FBR issues orders expeditious disposal of income tax refunds
KARACHI: Consequent upon the intervention of Federal Tax Ombudsman (FTO), Federal Board of Revenue (FBR) has issued instructions to its field offices for quick disposal of refund cases of income…
SHC issues notice to SSGC, IR for Feb 16 in petition against extra taxes
KARACHI: A tax appellate bench of High Court of Sindh issues notices to the Sui Southern Gas Company, Chief Commissioner, Inland Revenue and Chairman FBR for Feb 16 in a…
Officers nominated for 108th NMC
KARACHI: The Cabinet Secretariat Establishment Division has nominated BS-20 or equivalent officers for 108th National Management Course (NMC) at National Management College, Lahore from February 12, 2018 to June 15,…
Appellate Tribunal grants 30-days stay-order to K-Electric FBR’s decision to freeze company’s accounts is illegal
KARACHI: The decision of Large Tax-payer Units Karachi (LTUs-Karachi) of freezing K-Electric’s accounts from August 31 is against the law as an Appellate Tribunal Inland Revenue (Karachi) had already granted…
Malaysia delegation visits Regional Tax Office Karachi
KARACHI: Counsel General of Malaysia Ismail Mohammad Bkri along with his delegation visited Regional Tax Office, Karachi. Delegation included Mazlan Harun Consul (Trade), Fairus Hidzir Consul (Science), Shahid Abu Bakar…
FBR likely to notify up-gradation of Senior Auditors as Audit Officers, BPS 18
KARACHI: About 325 Senior Auditors (BPS 16) of Inland Revenue (IR) are poised to be notified as Audit Officers (BPS 18) as Supreme Court upholds a LHC order in an…
ICAP suggests measures for tax base enhancement
KARACHI: The Institute of Chartered Accountants of Pakistan in its budget proposal has given a roadmap to broaden tax base, facilitate already registered taxpayers, abolish tax amnesty schemes and improve…
Order reserved in review filed against judgment in Sales Tax case
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Muhammad Junaid Ghaffar on Monday reserved order in a review filed by an…
Mastermind of bogus ST refund scam sent to jail
KARACHI: The Federal Special Court of Customs Taxation and Anti-Smuggling has sent a prime suspect of multi-million bogus refund scam Faraz Haroon Memon to jail who was arrested by the…
FBR restores performance allowance of BS-16 officials
KARACHI: The Federal Board of Revenue has restored the performance allowance of 20 Customs and 14 IRS officials of BS-16. FBR had discontinued performance allowance, which equals 100 percent of…
Customs authorities bound to allow provisional release of goods
KARACHI: In case of dispute over valuation of imported consignment, “it is mandated upon the authority (Custom authorities) defined under section 81 are bound to allow the clearance of the…
Tribunal declares orders by custom hierarchy in “breach of natural justice, law”
KARACHI: The Customs Appellate Tribunal, bench I comprising Muhammad Nadeem Qureshi, Member Judicial (I) and Muhammad Yahya, Member Technical (I) deciding an appeal filed by Asif Textile Trading held that…
DAG, Chief Commissioner IR put on notice for Jan 01
KARACHI: Notices were issued to the Deputy Attorney General for Pakistan and other respondents for Jan 01 by a division bench of High Court of Sindh (SHC) comprising Justice Munib…