SHC expresses annoyance, seeks explanation, adjourns hearing

KARACHI: How and under what authority or rule, officials of Sindh Revenue Board (SRB) can amend a return filed by a filer, asks an appellate bench of High Court of Sindh. The bench was hearing a constitution petition filed by Pak Telecom Mobile Company Limited. The counsel for the petitioner… Continue reading

SRB to provide tax relief to Corona affected sectors

Khurram Ijaz Vice President FPCCI While appreciating the performance of the Sindh Revenue Mr. Khurram Ijaz Vice President of the Federation of Pakistan Chambers of Commerce and Industry stated that the pandemic COVID-19 has badly affected trade and industry, while recent urban flooding has damaged inventory and markets that need… Continue reading

Agha Shahab asks Sindh Govt. to discontinue SRB’s tax collection for next four to six months

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has requested Chief Minister Sindh to devise some kind of an effective mechanism for providing immediate relief to the perturbed businessmen and industrialists by directing Sindh Revenue Board (SRB) to discontinue collection of all types of taxes… Continue reading

SHC stays recovery of service charges by SRB in petition by NTDC

KARACHI: Sindh Revenue Board (SRB) was restrained from collecting service tax from National Transmission & Distribution Company (NTDC). The order came from a customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Mahmood A Khan who heard Khalid Javed Khan advocate appearing for… Continue reading

KPT IS LIABLE TO PROPERTY TAX: SHC HEARS PETITION BY SINDH REVENUE BOARD

KARACHI: An appellate bench of High Court of Sindh (SHC) on Wednesday adjourned hearing of a Special Sales Tax Reference Application filed by Sindh Revenue Board against Karachi Port Trust. The counsel appearing for the KPT submitted that KPT is a federal government entity under administrative control of federation and… Continue reading

SHC suspends recovery notice issued to Kohisar Enterprises

KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan on Thursday suspended a recovery issued by Sindh Revenue Board (SRB) to Messers Kohisar Enterprises. The SRB issued a notice of recovery amounting to rupees 60 crore 79 lacs against… Continue reading

Dispute between FBR and SRB burdening textile contract manufacturers with double taxation

KARACHI: The dispute over jurisdiction of levy and collection of sales tax in between federal and provincial government has left textile sector toll/contract manufacturers in a fix, as both Federal Board of Revenue (FBR) and Sindh Revenue Board (SRB) are claiming sales tax from the toll manufacturers. A trader said… Continue reading

Businessmen, traders rush to court as tax collectors raise demands

KARACHI: The appellate bench of High Court of Sindh hearing cases of income tax etc was seized with dozens of fresh petitions against tax departments particularly Sindh Revenue Board which issued notices for tax recovery to businessmen and traders giving them short notice in some cases of just two days.[the_ad… Continue reading

SHC hears petition against SRB, final hearing on Dec 12

KARACHI: The hearing of a number of identical appeals filed against Sindh Revenue Board (SRB) was adjourned till Dec 12. The petition was filed by PEGASUS which said that respondents officials of the SRB are collecting dues directly from the bank account of the petitioner. The bench was prayed to… Continue reading