AIRLINK 177.92 Increased By ▲ 0.92 (0.52%)
BOP 12.88 Increased By ▲ 0.07 (0.55%)
CNERGY 7.58 Increased By ▲ 0.09 (1.2%)
FCCL 45.99 Increased By ▲ 3.97 (9.45%)
FFL 15.16 Increased By ▲ 0.32 (2.16%)
FLYNG 27.34 Decreased By ▼ -0.36 (-1.3%)
HUBC 132.04 Decreased By ▼ -2.47 (-1.84%)
HUMNL 13.29 Increased By ▲ 0.33 (2.55%)
KEL 4.46 Increased By ▲ 0.02 (0.45%)
KOSM 6.06 No Change ▼ 0.00 (0%)
MLCF 56.63 Increased By ▲ 2.12 (3.89%)
OGDC 223.84 Increased By ▲ 1.26 (0.57%)
PACE 5.99 Decreased By ▼ -0.04 (-0.66%)
PAEL 41.51 Increased By ▲ 0.21 (0.51%)
PIAHCLA 16.01 Increased By ▲ 0.39 (2.5%)
PIBTL 9.88 Decreased By ▼ -0.18 (-1.79%)
POWER 11.16 Decreased By ▼ -0.01 (-0.09%)
PPL 186.63 Increased By ▲ 2.64 (1.43%)
PRL 34.90 Increased By ▲ 0.59 (1.72%)
PTC 23.53 Increased By ▲ 0.19 (0.81%)
SEARL 94.96 Increased By ▲ 3.89 (4.27%)
SILK 1.14 Increased By ▲ 0.03 (2.7%)
SSGC 35.50 Increased By ▲ 1.52 (4.47%)
SYM 15.64 Decreased By ▼ -0.32 (-2.01%)
TELE 7.87 Increased By ▲ 0.01 (0.13%)
TPLP 10.93 Decreased By ▼ -0.08 (-0.73%)
TRG 59.20 Increased By ▲ 0.48 (0.82%)
WAVESAPP 10.78 Decreased By ▼ -0.01 (-0.09%)
WTL 1.35 Decreased By ▼ -0.01 (-0.74%)
YOUW 3.80 Decreased By ▼ -0.01 (-0.26%)
AIRLINK 177.92 Increased By ▲ 0.92 (0.52%)
BOP 12.88 Increased By ▲ 0.07 (0.55%)
CNERGY 7.58 Increased By ▲ 0.09 (1.2%)
FCCL 45.99 Increased By ▲ 3.97 (9.45%)
FFL 15.16 Increased By ▲ 0.32 (2.16%)
FLYNG 27.34 Decreased By ▼ -0.36 (-1.3%)
HUBC 132.04 Decreased By ▼ -2.47 (-1.84%)
HUMNL 13.29 Increased By ▲ 0.33 (2.55%)
KEL 4.46 Increased By ▲ 0.02 (0.45%)
KOSM 6.06 No Change ▼ 0.00 (0%)
MLCF 56.63 Increased By ▲ 2.12 (3.89%)
OGDC 223.84 Increased By ▲ 1.26 (0.57%)
PACE 5.99 Decreased By ▼ -0.04 (-0.66%)
PAEL 41.51 Increased By ▲ 0.21 (0.51%)
PIAHCLA 16.01 Increased By ▲ 0.39 (2.5%)
PIBTL 9.88 Decreased By ▼ -0.18 (-1.79%)
POWER 11.16 Decreased By ▼ -0.01 (-0.09%)
PPL 186.63 Increased By ▲ 2.64 (1.43%)
PRL 34.90 Increased By ▲ 0.59 (1.72%)
PTC 23.53 Increased By ▲ 0.19 (0.81%)
SEARL 94.96 Increased By ▲ 3.89 (4.27%)
SILK 1.14 Increased By ▲ 0.03 (2.7%)
SSGC 35.50 Increased By ▲ 1.52 (4.47%)
SYM 15.64 Decreased By ▼ -0.32 (-2.01%)
TELE 7.87 Increased By ▲ 0.01 (0.13%)
TPLP 10.93 Decreased By ▼ -0.08 (-0.73%)
TRG 59.20 Increased By ▲ 0.48 (0.82%)
WAVESAPP 10.78 Decreased By ▼ -0.01 (-0.09%)
WTL 1.35 Decreased By ▼ -0.01 (-0.74%)
YOUW 3.80 Decreased By ▼ -0.01 (-0.26%)
BR100 12,130 Increased By 107.3 (0.89%)
BR30 37,246 Increased By 640.2 (1.75%)
KSE100 114,399 Increased By 685.5 (0.6%)
KSE30 35,458 Increased By 156.2 (0.44%)

ISLAMABAD: The Lahore High Court (LHC) has taken notice of illegal recovery by the Federal Board of Revenue (FBR) through the attachment of the personal bank account of a director of a company without fulfillment of legal formalities.

The LHC has issued notice to the FBR and the concerned tax officials of Inland Revenue to submit their response in the writ petition (71690 of 2023).

The banks have released the disputed tax amount of the company from the personal bank accounts of the director of the company.

According to the order of the LHC, the petitioner taxpayer is aggrieved of an action under section 140 of the Income Tax Ordinance 2001. An amount has been withdrawn from the personal bank account of the petitioner.

Bank accounts attachment: LHC tells AGP to give an update on action against FBR officials

The counsel of the petitioner submitted that no notice or assessment order has been served against the petitioner and impugned notice under section 140 of the Ordinance of 2001 to the bank is without any details of the outstanding amount against the petitioner.

The Inland Revenue officer, who has issued an impugned notice, shall appear in person before the court on the next date of hearing, the LHC’s order added.

The petitioner has informed the LHC that the deputy commissioner Inland Revenue has issued recovery notices to the banks and withdrawn the amount from the personal bank account of the taxpayer, being director of the Modern Building Maintenance (Pvt) Limited, which is illegal and unlawful.

The deputy commissioner Inland Revenue has unlawfully withdrawn amount without any prior intimation under section 133(1) of the Income Tax Ordinance, 2001.

The notices were issued without passing or confronting any order or prior recovery notice as per law and rules. The illegal recovery from each two banks has been made without fulfilling the statutory requirement and without proving any opportunity.

The recoveries were made from the banks of the petitioner on the basis of the impugned notices, the petitioner added.

The LHC should declare that the action taken by the respondent FBR authorities for recovery of the disputed tax demand was unlawful on malicious and mala fide intention.

The LHC should declare that the FBR has overstepped jurisdiction and excessive exercise and abuse of power and authority. Bankers are personally responsible and liable to return the money to the petitioner which has been so released to the FBR, the petitioner added.

Copyright Business Recorder, 2023

Comments

Comments are closed.

Raheela Adnan Shaikh Nov 12, 2023 10:27pm
FBR officers should not be allowed to abuse its powers
thumb_up Recommended (0)
Twain pen di Nov 13, 2023 11:27am
FBR is a stupid organization.
thumb_up Recommended (2)
Muhammad Atif Nov 14, 2023 05:17pm
FBR Most corrupt and Black mailer department of the world . They work under the slogan " Dar ka business " Courts should be strict action against FBR
thumb_up Recommended (0)