Case ID |
0acb220d-4ba2-4a86-95a1-eb6309d8fe23 |
Body |
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Case Number |
Income Tax Cases No.233 to 238 of 2001 |
Decision Date |
|
Hearing Date |
May 03, 2023 |
Decision |
Not available |
Summary |
The case involves the Karachi Stock Exchange (G) Ltd. and the Commissioner Income Tax, addressing issues under the Income Tax Ordinance of 1979, specifically Section 136(2). The hearing was presided over by Justices Muhammad Shafi Siddiqui and Agha Faisal on May 3, 2023. The case emphasizes the legal interpretation and application of income tax laws, which are vital for businesses operating in Pakistan, particularly in the financial sector. It highlights the ongoing legal complexities involved in taxation and the importance of compliance with the Income Tax Ordinance. The representation by notable advocates showcases the significance of legal expertise in navigating tax-related disputes. This case serves as a critical reference for future income tax litigation and regulatory compliance in Pakistan. |
Court |
Sindh High Court
|
Entities Involved |
Karachi Stock Exchange (G) Ltd.,
The Commissioner Income Tax
|
Judges |
Mr. JUSTICE MUHAMMAD SHAFI SIDDIQUI,
Mr. JUSTICE AGHA FAISAL
|
Lawyers |
Mr. Munawwar Ali Memon Advocate,
Mr. Abdul Khaliq Khatri Advocate
|
Petitioners |
The Commissioner Income Tax
|
Respondents |
Karachi Stock Exchange (G) Ltd.
|
Citations |
2023 SLD 6626
|
Other Citations |
Not available
|
Laws Involved |
Income Tax Ordinance, 1979
|
Sections |
136(2)
|