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Author Archives: Sajid Nawaz

LHC bars PRA to recover Rs52m sales tax from LUMS

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LAHORE: Lahore High Court (LHC) has restricted the Punjab Revenue Authority (PRA) from recovery of sales tax worth Rs 52 million from Lahore University of Management Sciences (LUMS) till the decision of pending stay application with the commissioner (appeals). The court also directed commissioner (appeals) for deciding the pending appeal within three months. According to the details of case, the ... Read More »

APAT rejects draft of fix tax scheme by govt

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LAHORE: The All Pakistan Anjuman-e-Tajiran (APAT) has rejected the proposed draft of the fixed tax scheme, saying that the scheme is “full of contradictions” and “against the aspirations” of small traders. addressing to media APAT Central General Secretary Naeem Mir expressed serious concern over the newly-released draft of the fixed tax regime, urging the Federal Board of Revenue (FBR) to ... Read More »

Aleem Khan challenges income tax levy in LHC

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LAHORE: Pakistan Tehreek-i-Insaf (PTI) leader and former senior provincial minister Abdul Aleem Khan has challenged the income tax levy in Lahore High Court (LHC). Aleem approached the Lahore High Court against Inland Revenue (IR) department of the Federal Board of Revenue (FBR) for recovery of income support levy. Member of Provincial Assembly (MPA) Aleem Khan through his counsel submitted that ... Read More »

LHC extends stay order in petroleum levy tax on LPG

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LAHORE: Lahore High Court (LHC) has extended the date of stay order till July 12 in case of imposition of development levy on Liquefied Petroleum Gas (LPG). Justice Sajid Mehmood Sethi heard the case. During the proceedings the federal government has submitted reply of notice issued by the LHC. In the reply, government counsel argued before the court that government ... Read More »

LHC orders CIR appeals to decide railways tax case within 30 day

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LAHORE: Lahore High Court (LHC) has ordered the Commissioner Inland Revenue (Appeals), Federal Board of Revenue (FBR), to hear and pass the order within thirty days in appeal filed against tax notice issued to Pakistan Railway by the FBR. The Federal Board of Revenue (FBR) must stop all actions against Pakistan Railways till the order by commissioner appeals. Justice Shams ... Read More »

LHC orders FBR to inform taxpayers about parameters before selecting them for audit

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LAHORE: The Lahore High Court has passed the order that the Federal Board of Revenue (FBR) is bound to inform taxpayers about the parameters on the basis of which they are selected for audit. Justice Abid Aziz Sheikh of Lahore High Court (LHC) heard petitions challenging the power of the FBR to keep the parameters confidential for being contrary to ... Read More »

FBR submits reply in LHC on petition challenging tax amnesty scheme

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LAHORE: Federal Board of Revenue (FBR) has submitted its response in the Lahore High Court (LHC) on a writ petition challenging tax amnesty scheme introduced under Assets Declaration Ordinance, 2019. The FBR stated in its reply that that it is now the prerogative of the Parliament to approve, amend or repeal the Assets Declaration Ordinance, 2019. LHC issued notices to ... Read More »

Ministry submits reply in LHC on development tax on LPG

LPG

LAHORE: Lahore High Court (LHC) heard the case against collection of development tax on Liquefied Petroleum Gas (LPG) filed by the Azhar Saddique advocate. Ministry of Energy has submitted the reply before the court on Monday. During the hearing the counsel for appellant argued that the price of imported Liquefied petroleum gas is Rs81000 MT and the locally produced prices ... Read More »

LHC extends Hamza Shehbaz’s interim bail until June 11

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LAHORE: The Lahore High Court on Monday extended the interim pre-arrest bail of Leader of the Opposition in the Punjab Assembly and Pakistan Muslim League-Nawaz (PML-N) leader Hamza Shehbaz until June 11. The court was conducting hearing over cases related to the Punjab Saaf Pani Company scam, accumulating assets beyond means of income, and a corruption reference related to the ... Read More »

LHC adjourns hearing of case filed by Czech model against jail term

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LAHORE: Lahore High Court (LHC) has adjourned hearing of case filed by Czech model Tereza in which the model has challenged 8 years and 8 months jail term awarded by the additional sessions judge in heroin smuggling case. On 29.5.2019, a two member bench of Lahore High Court under the supervision of Justice Alia Neela has postponed the hearing due ... Read More »

LHC constitutes new bench to hear Hamza Shehbaz’s bail petition

Hamza Shehbaz

LAHORE: The Lahore High Court (LHC) on Wednesday constituted a new two-member bench to hear the bail petition of the Punjab Assembly’s opposition leader Hamza Shehbaz in assets beyond means sources of income and money laundering cases. The two-member bench which will comprise Justice Mazhar Ali Akbar Naqvi and Justice Shahid Waheed Khan will hear the petitions of the Pakistan ... Read More »

LHC issues notices to FBR chairman, law ministry in assets declaration case

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LAHORE: Lahore High Court (LHC) has issued notices to the federal government, Ministry of Finance, chairman Federal Board of Revenue (FBR), Ministry of Law and Justice, speaker National Assembly on a petition challenging the Assets Declaration Ordinance, 2019. A tax lawyer Waheed Shahzad Butt has challenged the scheme. Through a petition, the petitioner questions the promulgation of ordinance in terms ... Read More »

LHC seeks reply from govt on tax amnesty scheme on June 20

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LAHORE: The tax amnesty scheme challenged in the Lahore High Court (LHC) in which the petitioner pleaded the court to declare the scheme as null and void. Court issued notices to the federal government and Federal Board of Revenue (FBR) and sought reply on June 20. The court has been adjourned till date. According to the details, the petitioner prayed ... Read More »

LHC directs Maryam Nawaz to challenge income support levy notice before division bench

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LAHORE: The Lahore High Court (LHC) on Monday directed PML-N Vice President Maryam Nawaz Sharif to file petition before division bench to challenge a notice by the Inland Revenue department of the Federal Board of Revenue (FBR) for recovery of income support levy. During the hearing on 20.5.2019, Justice Abid Aziz Sheikh of the high court heard petition filed by ... Read More »

Hamza Shahbaz challenges FRB Rs12m notice in LHC

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LAHORE: Opposition Leader in Punjab Assembly Hamza Shahbaz challenged the income tax notice of Rs 12 million by Federal Board of Revenue (FBR) in Lahore High Court (LHC). On 15-5-2019, a single bench of Lahore High Court comprising Justice Abid Eziz Shiekh heard the petition filed by the opposition leader in Punjab Assembly. Lahore High Court (LHC) has referred the ... Read More »

Hike in petroleum prices challenged in LHC

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LAHORE: Increase in petroleum prices is challenged in the Lahore High Court (LHC). The government has raised the price of petroleum products by Rs9.35 per liter. The petition stated that the international crude oil prices remained stagnant, but the government has increased the prices which would severely affect the masses. The petition contended that the increase in prices of petroleum ... Read More »

LHC summons FBR member policy on May 21

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LAHORE: Lahore High Court (LHC) has summoned Federal Board of Revenue (FBR) member policy to appear before the court on May 21, 2019 for assistance in case filed by Ruby Foam Industries (Pvt) Ltd. LHC summoned FBR member regarding the taxation system on the supplies originating from Azad Jammu & Kashmir (AJK). During the hearing of the petition, Chief Tax ... Read More »

LHC rejects all 149 petitions challenging income support levy

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LAHORE: Lahore High Court (LHC) has announced the verdict in income tax levy case filed by the Hamza Shahbaz on Thursday. On income support levy was challenged by the 149 petitioners before the Lahore High Court. Yesterday, LHC dismissed all petitions. Earlier, Lahore High Court (LHC) has reserved the verdict in Income Support Levy case which was filed by Hamza ... Read More »

LHC sets aside suo-moto powers of FBR to collect sales tax

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LAHORE: The Lahore High Court (LHC) on Wednesday set aside the suo moto powers of Federal Board of Revenue (FBR) to collect sales tax from the business community without registering them under Sale Tax Act 1990 and Sale Tax Rules 2006. A two member bench comprising Justice Sajid Mahmood Seithi and Justice Muzammal Akhtar Shabir announced verdict by upholding the ... Read More »

LHC suspends suo motu proceedings by FTO

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LAHORE: The Lahore High Court (LHC) has suspended suo-motu proceeding by the Federal Tax Ombudsman (FTO) allegedly initiated to benefit a renowned home-appliance company and sought replies from the federal government. According to the details, Income Tax Commissioner Jibran Masood filed a petition against the suo motu authority of the Federal Tax Ombudsman. Advocate Safdar Shaheen Pirzada argued on behalf ... Read More »