| Case ID |
2c612dfc-ed6a-448b-b5d4-b057a5f51af0 |
| Body |
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| Case Number |
ITA NO. 3328/LB/2024 |
| Decision Date |
Jul 10, 2024 |
| Hearing Date |
Jul 10, 2024 |
| Decision |
The Appellate Tribunal Inland Revenue has delivered its decision in the case of M/s. Sabirs Vegetable Oils (Pvt) Limited vs. The CIR Zone Lto, Lahore. The case was heard on July 10, 2024, with the decision also being delivered on the same date. The tribunal's ruling will impact the ongoing regulatory compliance and tax obligations of the appellant. The decision is significant for the interpretation of tax laws and the obligations of companies under the jurisdiction of the Appellate Tribunal. Detailed arguments presented by both parties were considered, leading to a comprehensive evaluation of the evidence and applicable laws. The case exemplifies the complexities involved in tax litigation and the tribunal's role in ensuring fair adjudication. |
| Summary |
In the case of M/s. Sabirs Vegetable Oils (Pvt) Limited vs. The CIR Zone Lto, Lahore, the Appellate Tribunal Inland Revenue addressed critical issues surrounding tax compliance and legal obligations of corporations. The hearing took place on July 10, 2024, and concluded with a decision on the same day. This case is pivotal as it reflects the tribunal's approach to tax disputes and the interpretation of relevant tax laws. The appellant, represented by Mr. Mudassar Shuja, faced off against the respondent represented by Mr. M. Asif, DR. The tribunal's ruling is expected to influence future cases and sets a precedent in the realm of corporate taxation. Stakeholders in the industry are advised to take note of the implications of this decision on their operations. |
| Court |
Appellate Tribunal Inland Revenue
|
| Entities Involved |
M/s. Sabirs Vegetable Oils (Pvt) Limited,
The CIR Zone Lto
|
| Judges |
MIAN TAUQEER ASLAM
|
| Lawyers |
Mr. Mudassar Shuja,
Mr. M. Asif
|
| Petitioners |
M/s. Sabirs Vegetable Oils (Pvt) Limited
|
| Respondents |
The CIR Zone Lto
|
| Citations |
2024 SLD 4977
|
| Other Citations |
Not available
|
| Laws Involved |
Not available
|
| Sections |
Not available
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