Transactions above Rs100m in 6 months to be thoroughly scrutinized Updated 30 Jun, 2026 09:29am Govt will compare information of banks and tax department
Registration with tax department: FBR directs INGOs to submit documentation Published 13 May, 2026 06:01am ISLAMABAD: The Federal Board of Revenue (FBR) has directed the International Non-Government Organizations (INGOs) to...
‘Transfer of raw material within sister concerns is not sales’ Published 21 Jun, 2025 06:06am LAHORE: A taxpayer has compelled the tax department to withdraw additional tax on transfer of raw material within...
Tax department prevails over tribunal judgement Published 03 May, 2025 06:07am LAHORE: Tax department has won over a tribunal judgment based on documents not part of reply filed by a taxpayer...
Appellate forum sets aside additional demand raised by tax department Published 12 Mar, 2025 03:03am LAHORE: An appellate forum has set aside an additional demand raised by the tax department based on the...
Punishment to taxmen: FBR fails to act on FTO’s key recommendations Published 08 Mar, 2025 02:48am ISLAMABAD: The Federal Board of Revenue (FBR) has failed to implement the key recommendations of the Federal Tax...
‘Papers not filed to answer notice’: Higher tribunal upholds stance of tax dept Published 01 Feb, 2025 06:30am LAHORE: A show-cause notice by the tax department has survived the test on the ground that a tribunal cannot base...
Tax dept misuses authority: Automatic audit selection under fire Updated 02 Nov, 2024 07:04am LAHORE: The tax department’s automatic selection of tax returns for audit has come under scrutiny, with critics...
Current year’s liability: Tax dept fails to object to adjustment of unverified refund Published 06 Sep, 2024 07:04am LAHORE: The tax department has failed to object to adjustment of unverified refund towards current year’s...
Calculating income tax liability: Tax dept has failed to force bank to offer interest against ‘sticky’ loans Published 28 Aug, 2024 06:22am LAHORE: The Tax department has failed to force an investment bank to offer the interest against sticky loans for...
Tax dept fails to tax the amount transferred to WPPF Published 25 Jul, 2024 06:24am LAHORE: The tax department remained unsuccessful in taxing the amount transferred by a beverage company to Workers...
Tax dept can’t reject advance tax estimates filed by taxpayer Published 11 Jul, 2024 06:13am LAHORE: A taxpayer company has challenged unwarranted recovery of advance tax by the tax department, saying that the...
Fair market value of subsidiary firms shares: No increase in tax in presence of income from business Published 26 Apr, 2024 04:15am LAHORE: The tax department could not increase tax in the notional fair market value of the subsidiary company/s...
Tax department fails to recover tax from bank accounts of taxpayer Published 23 Apr, 2024 03:41am LAHORE: The Tax department has failed to recover the tax assessed from bank accounts of taxpayer without issuance of...
Transaction against a taxpayer: Authorities fail to establish re-characterization Published 05 Apr, 2024 04:50am LAHORE: Tax authorities fail to establish re-characterization of a transaction against a taxpayer in the absence of...
July to Jan 2024: E&T Sindh collects Rs.82bn taxes Published 24 Feb, 2024 06:42am KARACHI: The Excise and Taxation Department of Sindh has collected over Rs. 82 billion in taxes from July 2023 to...
Attachment of bank accounts: Software co gets amount recovered by tax department reimbursed Published 23 Feb, 2024 06:36am LAHORE: A software development company has succeeded in getting reimbursed the amount recovered by the tax ...
Tax authorities fail to encash expired bank guarantee as govt dues Published 16 Feb, 2024 06:02am LAHORE: Tax authorities have failed to encash expired bank guarantee for recovery of government dues, said sources....
Withdrawal of approval of non-NPO status: LHC upholds order of LTO Lahore Updated 26 Jan, 2024 08:45am ISLAMABAD: Lahore High Court (LHC) has upheld the order of the Large Taxpayer Office (LTO) Lahore to withdraw the...
Sales tax department fails to establish ‘suppression of supplies’ Published 11 Jan, 2024 06:15am LAHORE: The sales tax department has failed to establish suppression of supplies after its failure to issue fresh...
Cyclostyle replies against POS integration notices adding to miseries of taxpayers, dept Published 17 Mar, 2023 06:15am LAHORE: Filing of cyclostyle replies against Point of Sale (POS) integration notices for Tier-1 Retailers (T-1Rs) ...