ISLAMABAD: The Islamabad High Court (IHC) disposed of only one tax matter in the first week of January, 2017 which was filed by M/s WiTribe Pakistan challenging a recovery notice of Rs 457.2 million under the head of outstanding taxes.
While disposing of the matter, Justice Aamer Farooq, barred the Large Taxpayers Unit, Islamabad from recovering the said amount or taking any coercive measure against the company.
The bench also directed the field office of the Federal Board of Revenue (FBR) to hear and decide the appellant’s departmental application within 15 days and report to the court’s administration.
Through the reference, M/s WiTribe Pakistan had named chief commissioner Inland Revenue, LTU, assistant commissioner Inland Revenue Withholding, LTU, commissioner Inland Revenue (Appeals), LTU, and Federation of Pakistan through the chairman of Federal Board of Revenue (FBR) as respondent in the case.
M/s WiTribe Pakistan Limited had challenged show-cause notices issued during the month of August for the tax year 2015. The company had prayed the court to direct the LTU not to recover the said amount and abstain from any coercive action against it.
The petitioner had prayed the court that the operation of the impugned notices issued by the tax authority may kindly be suspended till the decision of appeal pending before the LTU.