Legal Case Summary

Case Details
Case ID d5cb7fd8-925b-4175-be18-53e8be6144c2
Body View case body.
Case Number ITA No. 1539/KB-2022
Decision Date Oct 03, 2022
Hearing Date Sep 21, 2022
Decision The Appellate Tribunal Inland Revenue, Karachi, in its order dated 03.10.2022, addressed the appeal filed by M/s. Swift Management Services against the Commissioner of Inland Revenue. The case revolved around the provisions of the Income Tax Ordinance, specifically Section 122(5A). The Tribunal evaluated the arguments presented by both parties and considered the evidence submitted. After thorough deliberation, the Tribunal upheld the decision of the lower authority, affirming the tax assessment made by the Commissioner. The Tribunal emphasized the importance of compliance with tax regulations and the necessity for accurate reporting of income. This ruling serves as a significant reference for future cases involving tax assessments and compliance under the Income Tax Ordinance.
Summary The case of M/s. Swift Management Services vs. The Commissioner, Inland Revenue, Zone-III,RTO-II, Karachi, heard by the Appellate Tribunal Inland Revenue, revolves around tax compliance and assessment under the Income Tax Ordinance, 2001. The Tribunal examined the appeal filed by the petitioner against the tax assessment made by the Commissioner. The significance of this case lies in its emphasis on the adherence to tax laws and the implications of non-compliance. The decision highlights the Tribunal's role in ensuring that tax regulations are upheld, providing a precedent for similar cases in the future. This case is essential for tax practitioners and businesses to understand the nuances of tax law and the potential consequences of inaccurate reporting. Key terms include tax compliance, income tax assessment, and legal representation in tax matters.
Court Appellate Tribunal Inland Revenue
Entities Involved M/s. Swift Management Services, The Commissioner, Inland Revenue, Zone-III,RTO-II,Karachi
Judges Dr. TAUQEER IRTIZA, QAZI ANWER KAMAL
Lawyers Mr. Muhammad Waleed, Mr. Masood Alam
Petitioners M/s. Swift Management Services
Respondents The Commissioner, Inland Revenue, Zone-III,RTO-II,Karachi
Citations 2023 SLD 6625
Other Citations Not available
Laws Involved Income Tax Ordinance, 2001
Sections 122(5A