Fair market value of subsidiary firms shares: No increase in tax in presence of income from business LAHORE: The tax department could not increase tax in the notional fair market value of the subsidiary company/s... Published 26 Apr, 2024 04:15am
Business & Finance Tax department fails to recover tax from bank accounts of taxpayer LAHORE: The Tax department has failed to recover the tax assessed from bank accounts of taxpayer without issuance of... Published 23 Apr, 2024 03:41am
Business & Finance Transaction against a taxpayer: Authorities fail to establish re-characterization LAHORE: Tax authorities fail to establish re-characterization of a transaction against a taxpayer in the absence of... Published 05 Apr, 2024 04:50am
Business & Finance July to Jan 2024: E&T Sindh collects Rs.82bn taxes KARACHI: The Excise and Taxation Department of Sindh has collected over Rs. 82 billion in taxes from July 2023 to... Published 24 Feb, 2024 06:42am
Business & Finance Attachment of bank accounts: Software co gets amount recovered by tax department reimbursed LAHORE: A software development company has succeeded in getting reimbursed the amount recovered by the tax ... Published 23 Feb, 2024 06:36am
Business & Finance Tax authorities fail to encash expired bank guarantee as govt dues LAHORE: Tax authorities have failed to encash expired bank guarantee for recovery of government dues, said sources.... Published 16 Feb, 2024 06:02am
Print Withdrawal of approval of non-NPO status: LHC upholds order of LTO Lahore ISLAMABAD: Lahore High Court (LHC) has upheld the order of the Large Taxpayer Office (LTO) Lahore to withdraw the... Updated 26 Jan, 2024 08:45am
Business & Finance Sales tax department fails to establish ‘suppression of supplies’ LAHORE: The sales tax department has failed to establish suppression of supplies after its failure to issue fresh... Published 11 Jan, 2024 06:15am
Business & Finance Cyclostyle replies against POS integration notices adding to miseries of taxpayers, dept LAHORE: Filing of cyclostyle replies against Point of Sale (POS) integration notices for Tier-1 Retailers (T-1Rs) ... Published 17 Mar, 2023 06:15am