| Case ID |
d6415394-48f0-4964-ae85-70dfb7128a8f |
| Body |
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| Case Number |
STA NO. 1210/LB/2019 |
| Decision Date |
Jun 11, 2024 |
| Hearing Date |
Jun 10, 2024 |
| Decision |
The case revolves around a dispute between the CIR, LTU, Lahore and M/s. Lotte Akhtar Beverage regarding tax-related issues. The Appellate Tribunal Inland Revenue, after hearing the arguments presented by both parties on the hearing date, delivered a decision aimed at resolving the discrepancies in tax assessments. The tribunal emphasized adherence to tax laws and the importance of compliance in the beverage industry. The ruling provides clarity on the interpretation of tax regulations and sets a precedent for similar cases in the future. |
| Summary |
This case, decided by the Appellate Tribunal Inland Revenue in Lahore on June 11, 2024, addresses significant tax issues involving M/s. Lotte Akhtar Beverage. The tribunal, led by member Tariq Iftikhar Ahmed, evaluated the arguments presented by the CIR and the defense counsel regarding tax assessments. The decision is pivotal for understanding tax compliance in the beverage sector and highlights the responsibilities of companies in adhering to tax laws. It also underscores the tribunal's role in interpreting tax regulations to ensure fairness and compliance. This case serves as a critical reference point for future tax-related disputes, particularly in the beverage industry, and emphasizes the need for clear communication between tax authorities and businesses to avoid such conflicts. |
| Court |
Appellate Tribunal Inland Revenue
|
| Entities Involved |
CIR, LTU, Lahore,
M/s. Lotte Akhtar Beverage, Lahore
|
| Judges |
Tariq Iftikhar Ahmed
|
| Lawyers |
Mr. Ahmed Mujtaba, DR,
Mr. Abad ur Rehman, Advocate
|
| Petitioners |
The CIR, LTU, Lahore
|
| Respondents |
M/s. Lotte Akhtar Beverage, Lahore
|
| Citations |
2024 SLD 5017
|
| Other Citations |
Not available
|
| Laws Involved |
Not available
|
| Sections |
Not available
|