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ATIR reserves decision of cases filed by FBR & M/s Klaguardia Logistics

ATIR reserves decision of cases filed by FBR & M/s Klaguardia Logistics

ISLAMABAD: Appellate Tribunal Inland Revenue (ATIR) reserved decision after hearing arguments and submission of record by parties during recent week. Meanwhile, the tribunal adjourned hearing on other cases.

Account Member Dr Ghulam Mujtaba Bhatti was hearing the case involving Federal Board of Revenue and M/s Klaguardia Logistics.

According to details, M/s Klaguardia Logistics had challenged recovery of issued to it in head of outstanding income tax by the LTU, Islamabad.

M/s Klaguardia Logistics had submitted that the department had issued the demand for the tax year 2016 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 Appellate Tribunal Inland Revenue (ATIR) were made respondent in the case. The case was remanded back to the tribunal by the IHC couple of months ago. This case is one of the many remanded back by the IHC and being heard at the tribunal.