| Case ID |
eb4501a1-96c7-4d54-9c06-cc6b556d5e9a |
| Body |
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| Case Number |
Writ Petition No. 35 of 2022 |
| Decision Date |
|
| Hearing Date |
Dec 12, 2022 |
| Decision |
Not available |
| Summary |
This case involves Fairdeal Exchange Company (Private) Limited challenging certain actions taken by the FOP through the Ministry of Finance under the Income Tax Ordinance, 2001. The hearing took place on December 12, 2022, in the Islamabad High Court, presided over by Judge Sardar Ijaz Ishaq Khan. The case primarily revolves around Section 177(1) of the Income Tax Ordinance, which deals with the powers of the tax authorities to conduct inquiries and investigations into the tax affairs of companies. The petitioner was represented by Mr. Faisal Rasheed Ghouri, while the respondents were represented by Barrister Atif Rahim Barki and Ch. Tahir Mehmood. The case is significant as it addresses the legal frameworks surrounding tax assessments and the rights of corporations under the law. The decision of the court will likely have implications for similar cases in the future. Key issues include the interpretation of tax laws, corporate rights, and administrative procedures in tax assessments, making this case relevant for legal practitioners, tax consultants, and corporate entities seeking clarity on tax-related disputes. |
| Court |
Islamabad High Court
|
| Entities Involved |
Fairdeal Exchange Company (Private) Limited,
FOP through Ministry of Finance and others
|
| Judges |
Sardar Ijaz Ishaq Khan
|
| Lawyers |
Mr. Faisal Rasheed Ghouri,
Barrister Atif Rahim Barki,
Ch. Tahir Mehmood
|
| Petitioners |
Fairdeal Exchange Company (Private) Limited
|
| Respondents |
FOP through Ministry of Finance and others
|
| Citations |
2023 SLD 6582
|
| Other Citations |
Not available
|
| Laws Involved |
Income Tax Ordinance, 2001
|
| Sections |
177(1)
|