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Author Archives: Sajid Nawaz

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

LHC

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

sales-tax

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 »

Suo-moto notice: LHC seeks reply from FTO on April 12

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LAHORE: Suo-moto authority by the Federal Tax Ombudsman challenged in the Lahore High Court (LHC). LHC issued notice to federal government and Federal Tax Ombudsman and sought reply on April 12. The case was filed by the Commissioner Inland Revenue Jibran Mansoor through his counsel Safder Shaheen Pirzada. Justice Sajid Mehmood Sethi heard the case. During proceeding, the counsel for ... Read More »

LHC summons commissioner FBR in tax refund case

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LAHORE: Lahore High Court (LHC) has issued notice to Commissioner Inland Revenue Muhammad Irfan Raza to appear in person before the court. The petition was filed by a former employee of the Punjab government in tax refund case. On 9.4.2019, a contempt petition was filed through Advocate Waheed Shahzad Butt against chairman FBR and minister of state for revenue, Muhammad ... Read More »

Drug price hike challenged in LHC

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LAHORE: The massive increase in prices of medicines has been challenged before the Lahore High Court for being made in violation of a notification of the Drug Regulatory Authority of Pakistan (Drap). Nadeem Sarwar, a lawyer, assailed the new drug prices through a writ petition filed against federal and provincial health authorities. He states the Drap announced hike in the ... Read More »

Extra sales tax, hike on petroleum products challenged in LHC

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LAHORE: Extra sales tax on petroleum products challenged in the Lahore High Court (LHC). The government decision on petrol price hike was challenged by Advocate Azhar Siddique. According to the details, a petition was filed in the Lahore High Court (LHC) challenging the government notification increasing price of petrol by Rs 6. Prices of petrol and high speed diesel have ... Read More »

LHC reserves verdict in income support levy notice case filed by Hamza Shahbaz

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LAHORE: Lahore High Court (LHC) has reserved the verdict in Income Support Levy case which was filed by Hamza Shahbaz, opposition leader in Punjab Assembly. The appeal was filed against Federal Board of Revenue (FBR), Ministry of Law and Ministry of Religious Affairs. During the proceedings of the case, Hamza’s counsel argued that his client is a registered taxpayer and ... Read More »

PMLN MPA submits resolution against Asad Umer in Punjab Assembly

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LAHORE: Due to hike in petroleum prices, a resolution for the resignation of Federal Finance Minister Asad Umer filed in Punjab Assembly. Sources told Customs Today that a resolution is submitted by Pakistan Muslim League Nawaz (PML-N) MPA Hina Pervez Butt in the Punjab Assembly secretariat demanding resignation of Finance Minister Asad Umar over “failed policies”. MPA stated in the ... Read More »