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IHC to resume hearing of tax reference filed by M/s Hasas Engineering today

IHC to resume hearing of tax reference filed by M/s Hasas Engineering today

ISLAMABAD: A single bench of the Islamabad High Court (IHC) would resume the hearing of a tax reference, challenging issuance of a recovery notice to M/s Hasas Engineering and Construction Company (Private) Limited.

Justice Aamer Farooq would hear the case. M/s Hasas Engineering and Construction Company had challenged the show cause notice issued by the Commissioner Inland Revenue of Large Taxpayer’s Unit, Islamabad. The notice was issued under the head of income tax.

The company had prayed the court that the recovery notice did not hold lawful grounds and be declared illegal and an interim stay may be granted against recovery proceedings.

It also submitted that the impugned order was issued under mala fide intention and the court may decide on relief which it deemed appropriate in this regard. It also stated that the due legal course was not followed by the department in issuing the order.

M/s Hasas Engineering and Construction Company also prayed the court to decide the case early as the appellant had to bear financial complications after the case.

ATIR, Federal Board of Revenue (FBR), officers of LTU including Commissioner Inland Revenue, and others were made respondents in the case.

The company had also mentioned that departmental obligations were not met amid processing the notice of recovery demand while later the adjudication did not address the grievances of the appellant.