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IHC adjourns hearing of case filed by M/s Aftab Traders

IHC adjourns hearing of case filed by M/s Aftab Traders

ISLAMABAD: Hearing another tax matter filed by M/s Aftab Traders, a division bench of Islamabad High Court issued fresh notices to Appellate Tribunal Inland Revenue and field office of Federal Board of Revenue.  The bench comprising Justice Athar Minallah and Justice Mohsin Akhtar Kiyani heard the case.

M/s Aftab Traders had filed the reference in which the company had challenged a show cause notice issued by the Large Taxpayers Unit (LTU), Islamabad.

The appellant had challenged the act of recovery of said amount by Commissioner Inland Revenue of Large Taxpayer’s Unit, Islamabad.

ATIR was also made respondent in the case as the tribunal had sustained departmental decision regarding issuance of show cause notice and demand of recovery of outstanding tax amount in head of federal excise duty.

M/s Aftab Traders had prayed the court that FBR office had issued a recovery notice to the company which did not hold lawful grounds.

The appellant had prayed the court to declare the act as illegal and without any lawful authority and an interim stay may be granted against recovery proceedings.

M/s Aftab Traders had also mentioned that departmental obligations were not met amid processing the notice of recovery demand while later the adjudication did not address grievances of the complainant.