ISLAMABAD: Appellate Tribunal Inland Revenue (ATIR) Account Member Dr Ghulam Mujtaba Bhatti reserved decision of M/s CMPak Limited’s tax matters remanded back by the Islamabad High Court.
ATIR Member Technical heard M/S CMPak Limited’s matter which was contesting a show cause notice issued by the field offices of Federal Board of Revenue (FBR). The bench reserved decision after submission of relevant record and completion of arguments by sides. The member was hearing the matter for the first time.
According to details, M/s CMPak Limited had challenged recovery notice issued to it in head of outstanding income tax by the LTU, Islamabad.
M/s CMPak Limited had submitted the department had issued the demand for the tax year 2012 in head of income tax under provisions of Income Tax Ordinance, 2001.
Federal Board of Revenue (FBR), officers of LTU including Commissioner Inland Revenue, Commissioner Inland Revenue (Appeals) and ATIR. Appellant had challenged the decision claiming that it taken in violation of law and the department did not fulfill the legal obligation while deciding the matter.
The appellant had prayed the tribunal to hear the matter and decide in light of law and provide it lawful relief in this regard.