BR100 Increased By (0.27%)
BR30 Increased By (0.15%)
KSE100 Increased By (0.15%)
KSE30 Increased By (0.01%)
BECO 5.92 Decreased By ▼ -0.11 (-1.82%)
BML 57.31 Increased By ▲ 4.56 (8.64%)
BOP 34.09 Decreased By ▼ -0.16 (-0.47%)
CNERGY 8.20 Increased By ▲ 0.04 (0.49%)
DCL 12.15 Decreased By ▼ -0.19 (-1.54%)
FCCL 53.88 Decreased By ▼ -0.01 (-0.02%)
FCSC 5.25 Increased By ▲ 0.03 (0.57%)
FFL 18.01 Decreased By ▼ -0.02 (-0.11%)
FNEL 1.31 Increased By ▲ 0.01 (0.77%)
HUMNL 11.23 Increased By ▲ 0.23 (2.09%)
KEL 8.17 Increased By ▲ 0.06 (0.74%)
KOSM 5.47 Increased By ▲ 0.09 (1.67%)
MLCF 88.79 Increased By ▲ 0.74 (0.84%)
NBP 186.50 Increased By ▲ 0.02 (0.01%)
PACE 10.96 Increased By ▲ 0.24 (2.24%)
PAEL 40.42 Increased By ▲ 0.48 (1.2%)
PIAHCLA 26.26 Increased By ▲ 0.09 (0.34%)
PIBTL 17.33 Increased By ▲ 0.01 (0.06%)
PPL 232.00 Decreased By ▼ -0.78 (-0.34%)
PRL 34.70 Decreased By ▼ -0.25 (-0.72%)
PTC 66.80 Decreased By ▼ -0.76 (-1.12%)
SEARL 91.45 Increased By ▲ 0.52 (0.57%)
SSGC 27.15 Decreased By ▼ -0.02 (-0.07%)
TELE 8.70 Increased By ▲ 0.13 (1.52%)
THCCL 65.35 Increased By ▲ 5.22 (8.68%)
TPLP 9.20 Increased By ▲ 0.44 (5.02%)
TREET 24.55 Increased By ▲ 0.01 (0.04%)
TRG 72.63 Increased By ▲ 0.88 (1.23%)
WAVES 10.70 Increased By ▲ 0.72 (7.21%)
WTL 1.26 No Change ▼ 0.00 (0%)

ISLAMABAD: Appellate Tribunal Inland Revenue Islamabad Bench (ATIR) has held that the Corporate Tax Office, Islamabad (CTO) is involved in deceiving tax system and circumventing the course of justice in violation of the directions of the Chief Justice of Islamabad High Court in tax refunds matters.

It is reliably learnt that a landmark order has been issued by the ATIR wherein it observed that the department conceded before the Chief Justice of IHC in Writ petition by stating in their comments that withholding tax (WHT) is an adjustable tax in the hands of the petitioner; however, despite this acknowledgment, the department adopted a new position in the impugned orders.

When contacted tax lawyer Waheed Shahzad Butt told this correspondent that ATIR wisely observed that it is fundamental that all statutes be applied with fairness and justice, and public functionaries are constitutionally mandated to act in a just and fair manner.

CTO actions undermine taxation system’s integrity: ATIR

Every public functionary is obligated to adhere to the commands of the Constitution, and no one should suffer due to the incompetence of public officials. Public functionaries are duty-bound to act in accordance with the law, Waheed added.

ATIR order stated, “Unfortunately, in the instant case CIR, Add-CIR and ACIR blatantly disregard the binding judgments of the Apex Court without any fear of accountability. During hearings, they assert that the unreported Supreme Court order is not binding on them. There is no room for “unfettered discretion” in the fiscal laws of this country, and arbitrary exercise of discretionary powers must be invalidated”.

The department conceded before the Chief Justice of IHC that WHT under Section 153 is an adjustable tax in the hands of the petitioner; however, despite this acknowledgment, it adopted a new position in the orders, seemingly to deceive the tax system. Comments filed by FBR before the Chief Justice clearly expose the reality of corruption and corrupt practices within the tax officials. These actions suggest a blatant disregard for accountability and an attempt to deceive the Chief Justice without consequences, ATIR ordered

Copyright Business Recorder, 2024

Comments

Comments are closed for this article.

Adil Iqbal Ladha Jul 30, 2024 11:44am
And what would the honorable CJ say about Stay order granted to corrupt tax officials by Sindh High court??? It is very unfortunate for this nation..
0
Danish Jul 31, 2024 08:53am
ATIR se ziada koi corrupt idara nahe ha aur ye dosron pe keechar uchaaal rahay hein
0