AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

Contrary to what authorities would have you believe, an amount of nearly Rs2.88 trillion remained stuck in the Appellate Tribunal Inland Revenue (ATIR) and Collectors/Commissioners (Appeal) as pending litigation cases, revealed a document available with Business Recorder and updated as of February 28, 2023.

As per the document, overall, an amount to the tune of Rs3.673 trillion was stuck in about 98,952 litigation cases.

Of the total amount, Rs1.46 trillion remained stuck in 65,255 pending cases in the Appellate Tribunal, the highest, while Rs1.427 trillion remained stuck in 20,618 pending litigation cases at the commissioner appeals, an extended arm of the Federal Board of Revenue (FBR).

Meanwhile, out of the total, 2,881 cases with a amount of Rs91.6 billion was the share of pending litigation cases in the Supreme Court of Pakistan, while 5,506 litigation cases amounting to Rs299.913 billion remained pending in the Lahore High Court.

Moreover, the document revealed that 3,335 cases amounting to Rs163.106 billion remain pending in Sindh High Court.

In a key development, the government on Wednesday introduced the Tax Law Amendment Bill, 2024, in the National Assembly, restricting the role of the Commissioner Inland Revenue (Appeals) to only deal with taxpayers’ income tax appeals up to Rs20 million; sales tax appeals (up to Rs10 million) and federal excise duty related appeals up to Rs5 million.

Under the proposed Tax Law Amendment Bill 2024, the government has not abolished the post of Commissioner Inland Revenue (Appeals), but any income tax appeal involving an amount above Rs20 million would be decided by the Appellate Tribunal Inland Revenue (ATIR). Similarly, sales tax appeals above Rs10 million and federal excise appeals above Rs5 million would also be transferred to the ATIR for decision within a six-month period.

The federal cabinet has also approved amendments to tax laws aimed at liquidating some of the appellate fora immediately through legislative interventions and adoption of Alternative Dispute Resolution (ADR), official sources told Business Recorder separately.

Comments

Comments are closed.