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… Continue reading

IR Tribunal stays recovery of tax demand

KARACHI: Judical Member Inland Revenue Appellate Tribunal Muhammad Javed Zakaria has stayed the recovery of tax demand against M/s PAIR Investment Company Limited. The company’s representative stated that income tax demand of Rs53.179 million for the Tax year 2015 is created. He submitted that the department is adopting coercive measure… Continue reading