SHC allows ITRAs, petitions by AKUH Doctors

KARACHI: A number of Income Tax Reference Applications and constitutional petitions filed by Dr. Zafar Sajjad against Commissioner Inland Revenue Zone-I Regional Tax Office-III Karachi impunging show cause notices issued to them. The controversy pertains to the definition of term “salary” and that whether other emoluments including clinical supplements and… Continue reading

Explanation cannot be effective retrospectively, rules SHC

KARACHI: An Income Tax Appellate bench of High Court of Sindh headed by Justice Aqeel Ahmed Abbasi deciding two identical Income Tax Reference Applications (ITRA 272 & 273 of 2011) held that retrospective application of explanation is in violation of settled law. The ITRA’s were filed by the Commissioner, Inland… Continue reading

SHC dismiss three ITRA by Commissioner Inland Revenue against Insurance companies

KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Malik Gaddi on Tuesday dismissed three identical Income Tax Reference Applications (ITRAs) filed by Commissioner Inland Revenue, Zone III, Large tax Payers Unit pertaining to redeemed Income Tax. Arshad Siraj Memon advocate… Continue reading