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Author Archives: M.B. Rana

Custom Court grants bail to suspectin involved in tax evasion case

KARACHI: The Custom (Taxation & Anti-Smuggling) Court Judge Syed Faiz Rasool Rashdi granted interim pre-arrest bail to the accused/applicant namely Khurram Iqbal son of Muhammad Iqbal who is booked in mega tax evasion case. During the hearing, counsel for accused/applicant filed an application for pre-arrest bail and submitted that his client is innocent and was falsely implicated in this case, ... Read More »

Tax evasion: Custom Court grants interim pre-arrest bail to suspect

KARACHI: Custom Court Judge Syed Faiz Rasool Rashdi has granted interim pre-arrest bail to a suspect, Sharafatullah son of Attaullah. The suspect was booked in a duty and taxes evasion case. During the hearing, counsel for the suspect filed an application for interim pre-arrest bail and argued that the accused is innocent and was falsely implicated in this case, and ... Read More »

SHC directs tax authorities to appear on next hearing

KARACHI: The Sindh High Court (SHC) has directed that if nobody appears on behalf of the Customs Department on the next hearing, instant reference application may be dismissed for non-prosecution. The court observed this on a reference application file by Commissioner Inland Revenue Zone-01, Large Taxpayer Unit against impugned order of the appellate tribunal for recovery of Rs 363,647 from ... Read More »

M/s V.V Cotton Ginning and Oil, others move SHC against attachment of bank accounts

KARACHI: M/s VV Cotton Ginning and Oil Mills (Private) Limited, M/s Kanewal Cotton Ginners Oil Mills (Private) Limited, M/s Asad Cotton Ginners (Private) Limited, M/s Hingloj Cotton Oil and Food Industries and others approached the Sindh High Court (SHC) against impugned notices for attachment of their bank accounts for recovery of disputed income tax. In a constitutional petition, counsel for ... Read More »

Customs Court approves physical remand of suspects involved in tax evasion

KARACHI: Customs Court Judge Syed Faiz Rasool Rashdi has remanded three suspects, Syed Muhammad Rizwan, proprietor of M/s Unique Enterprises, Samiullah and Shahryar of M/s Lucky Diamond Enterprises, to the customs custody on physical remand until February 6, 2017. The suspects were booked in an alleged tax evasion case. During the hearing, investigation officer produced the suspects before the court ... Read More »

SHC fixes hearing of petition filed by 49 industries on Feb 28

KARACHI: The Sindh High Court (SHC) has granted an urgent application and fixed February 28, 2017 as the date of hearing of a constitutional petition filed by 49 industries. The industries include Karachi Tubes Mills (Private) Limited, A.N Industries (Private) Limited, M/S VV Cotton Ginning and Oil Mills, M/S Asad Cotton Ginners, M/S Hingloj Cotton Oil and Food Industries and ... Read More »

Custom Court issues notice to special prosecutor on bail pleas of alleged diesel smugglers

KARACHI: Custom Taxation and Anti-Smuggling Court Judge Syed Faiz Rasool Rashdi issued notice to the special prosecutor for the Custom Department on bail applications file by suspects, Abdul Nafay and Noor Ali. The two were booked in a case of attempting to smuggle 45,000 litters Iranian origin high speed diesel. During the hearing, counsel for the suspects filed bail application ... Read More »

Customs Court sends two suspects involved in diesel smuggling case to jail on judicial remand

KARACHI: Customs Taxation and Anti-Smuggling Court Judge Syed Faiz Rasool Rashdi has sent two suspects, Abdul Nafay and Noor Ali, to Central Jail on judicial remand and directed the investigation officer to submit charge sheet against them. The suspects were booked for attempting to smuggle 45,000 liter Iranian origin high speed diesel. During the hearing, Investigation Officer Pervaiz Ahmed Zardari, ... Read More »

SHC directs tax authorities to decide petition filed by Wackenhut Pakistan in four weeks

KARACHI: The Sindh High Court (SHC) has directed the Commissioner (Appals-II) Inland Revenue, Karachi, to decide the appeal of the petitioner within four weeks. The court took this action on a constitutional petition filed by M/s Wackenhut Pakistan Limited against the impugned recovery of income tax of Rs 62.553 million, including default surcharges of Rs 11.360 million. A two-member bench, ... Read More »

Custom Court extends physical remand of suspect in tax evasion case

KARACHI: Custom Court Judge Syed Faiz Rasool Rashdi has extended the physical remand of a suspect, Muhammad Fahad, representative of M/s AAA Package till February 2, 2017 and gave him into the custody of the Custom Department. The suspect is allegedly involved in a case of duty and taxes evasion of Rs 2.7 million. During the hearing, Inspector Ijaz Khan ... Read More »

SHC approached against non-adjustment on sale tax

KARACHI: The Sindh High Court (SHC) directed the tax authorities and deputy attorney general of Pakistan to filed their respective para wise comments on a constitutional petition filed by M/s Sanaullah Textile Mills, M/s Sanaullah Longful Textile Pvt Ltd, M/s Sana Industries Pvt Ltd, M/s Gatron Industries Ltd and M/s Equity Textile Ltd against non-adjustment disallowance of input tax on ... Read More »

SHC directs Commissioner Inland Revenue to decide petitioner’s appeal within one week

KARACHI: The Sindh High Court (SHC) has directed the Commissioner Inland Revenue (CIR) Zone-IV, Regional Tax Office-II to decide the impugned show cause notice issued to the petitioner within one week. The court ordered this on a constitutional petition filed by M/s Cosmos International seeking restoration of its sale tax registration which was suspended by tax authorities. A two-member bench, ... Read More »

Customs Court grants pre-arrest bail to suspect booked in Rs 3291.72m tax evasion case

KARACHI: Customs Court Judge Syed Faiz Rasool Rashdi has granted the bail before arrest to a suspect, Muhammad Aslam Soomro, who was booked in a case of tax evasion of Rs 3291.72 million. During the hearing, counsel for the suspect filed a bail application, saying that his client is innocent and is falsely implicated in this case. The counsel said ... Read More »

SHC to take up 90 Customs, income tax related cases today

KARACHI: The Sindh High Court (SHC) on Monday will take up more than 90 Customs and income tax related cases. According to the roaster, one bench comprised Justice Aqeel Ahmed Abbasi and Justice Arshad Hussain Khan and another comprising Justice Munib Akhtar and Justice Muhammad Junaid Ghaffar. According to the SHC office, intimation notices were also issued to the parties ... Read More »

SHC seeks comments from tax authorities on petition filed by M/s Continental Sweets, Bakers

KARACHI: The Sindh High Court (SHC) has directed the tax department to ensure that the petitioner shall be dealt with strictly in accordance with law on a constitutional petition filed by M/s Continental Sweets, Bakers, Nimco against forcibly removed and seized all the documents, including video recorder, boxes of records computer etc. During the hearing of the petition, a two-member ... Read More »

Custom Court grants bail to suspects involved in tax evasion

KARACHI: Custom Court Judge Syed Faiz Rasool has Rashdi granted interim pre-arrest bail to Burhanuddin Azeem son of Badruddin Azeem. The suspect was allegedly involved in a case of duty and taxes evasion of Rs 2.731 million. During the hearing, counsel for the accused filed an application for pre-arrest bail and argued that his client is innocent and was falsely ... Read More »

SHC directs banks not to share petitioner’s accounts with tax authorities

KARACHI: The Sindh High Court (SHC) has directed certain banks not to share petitioner’s accounts with tax authorities until the next date of hearing. The court ordered this on a constitutional petition filed Muhammad Imran against a notice which was issued by the tax department to the banks for recovery of alleged pending taxes. While the hearing of petition, a ... Read More »

SHC adjourns hearing of case filed by M/s SSGC LPG (Private) Limited till February

KARACHI: The Sindh High Court (SHC) has directed the tax department not to pass final order till next date of hearing on a constitutional petition filed by M/s SSGC LPG (Private) Limited against impugned show cause notice issued by the tax department and seeking exemption from withholding tax. During the hearing of petition, a two-member bench, headed by Justice Aqeel ... Read More »

SHC restrains Tax Dept from recovery of Rs5.2million from Omni Aviation

KARACHI: The Sindh High Court (SHC) restrained the Tax Department from enforcing recovery of federal excise duty on a constitutional petition filed by M/s Omni Aviation Private Limited against the impugned recovery of alleged disputed tax liability of Rs5.2million. Hearing the petition, a two-member bench, comprising Justice Aqeel Ahmed Abbasi and Justice Arshad Hussain Khan, also directed the Tax Department ... Read More »

Customs Court approves physical remand of two smugglers

KARACHI: The Custom Court approved physical remand of two suspects involved in diesel smuggling. Judge Syed Faiz Rasool Rashdi approved the physical remand till January 28, 2017. According to details, Investigation officer Pervaiz Ahmed Zardari informed the court that on a credible information the ASO staff, on January 22, 2017 during checking on Moucko Check Post Hub River, intercepted an ... Read More »