| Case ID |
07e5c578-e433-4a4c-98b6-e284579db53e |
| Body |
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| Case Number |
STA NO. 597/LB/2019 |
| Decision Date |
Apr 27, 2024 |
| Hearing Date |
Mar 05, 2024 |
| Decision |
The case revolves around the appeal filed by the CIR, LTU, Lahore against M/s. Loft Commercial Pvt. Ltd. The tribunal heard the arguments presented by both parties on the specified date and subsequently issued its order. The decision reflects the tribunal's interpretation of the relevant laws and the evidence presented during the hearing, addressing the key issues raised by the appellant and the respondent. The order aims to clarify the legal standings of both parties in relation to the matters at hand. |
| Summary |
In this case, the Appellate Tribunal Inland Revenue in Lahore adjudicated an appeal regarding tax matters between the CIR, LTU, Lahore and M/s. Loft Commercial Pvt. Ltd. The hearing took place on March 5, 2024, with the decision rendered on April 27, 2024. This case emphasizes the importance of understanding tax regulations and compliance within the commercial sector. The tribunal's ruling is significant for businesses and tax practitioners, shedding light on the application of tax laws in similar future cases. Ensuring compliance with tax obligations is crucial for businesses to avoid disputes. The decision highlights the tribunal's role in interpreting tax laws and resolving conflicts between tax authorities and taxpayers. Businesses should stay informed about tax regulations to mitigate risks. |
| Court |
Appellate Tribunal Inland Revenue
|
| Entities Involved |
Not available
|
| Judges |
Monim Sultan
|
| Lawyers |
Mr. Farrukh Aslam, DR,
Mr. Farid-ud-din, ACA
|
| Petitioners |
CIR, LTU, Lahore
|
| Respondents |
M/s. Loft Commercial Pvt. Ltd, Lahore
|
| Citations |
2024 SLD 3610
|
| Other Citations |
Not available
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| Laws Involved |
Not available
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| Sections |
Not available
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