| Case ID |
47cc191b-0161-4098-8d69-fdfedceca507 |
| Body |
View case body. Login to View |
| Case Number |
STA NO. 1427/LB/2024 |
| Decision Date |
Jul 12, 2024 |
| Hearing Date |
Jul 10, 2024 |
| Decision |
The Appellate Tribunal Inland Revenue, Lahore, rendered its decision on STA NO. 1427/LB/2024 following the hearing conducted on July 10, 2024. The case involved the appellant, M/s. Yousaf Fazal Electronics & Home Appliances, Faisalabad, who contested the decision made by the CIR, RTO, Faisalabad. The Tribunal, under the chairmanship of MIAN TAUQEER ASLAM, reviewed the arguments presented by both parties, ultimately delivering a ruling that addressed the issues brought forth in the appeal. The decision emphasized the importance of compliance with tax regulations and the necessity for accurate reporting by the appellant. The Tribunal's order was issued on July 12, 2024, and detailed the reasoning behind its conclusions, contributing to the body of case law regarding tax disputes in Pakistan. |
| Summary |
This case revolves around a tax dispute involving M/s. Yousaf Fazal Electronics & Home Appliances and the CIR, RTO, Faisalabad. The Appellate Tribunal Inland Revenue, Lahore, presided over the case, with MIAN TAUQEER ASLAM as the chairman. The hearing took place on July 10, 2024, followed by the issuance of the order on July 12, 2024. This case is significant as it highlights the challenges faced by businesses in navigating tax regulations and the role of appellate tribunals in resolving such disputes. The ruling is expected to have implications for future tax compliance and reporting standards among businesses in Pakistan, making it a relevant case for stakeholders in the finance and legal sectors. It underscores the necessity for businesses to maintain accurate records and adhere to tax obligations to avoid disputes with tax authorities. |
| Court |
Appellate Tribunal Inland Revenue
|
| Entities Involved |
Not available
|
| Judges |
MIAN TAUQEER ASLAM
|
| Lawyers |
Mr. Khubaib Ahmed,
Mr. M. Asif
|
| Petitioners |
M/s. Yousaf Fazal Electronics & Home Appliances
|
| Respondents |
The CIR, RTO, Faisalabad
|
| Citations |
2024 SLD 4996
|
| Other Citations |
Not available
|
| Laws Involved |
Not available
|
| Sections |
Not available
|