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ATIR

Case regarding violations of Rule 150ZEO: Sealing of outlet will harm business entity and economy: ATIR bench

ISLAMABAD: A division bench of the Appellate Tribunal Inland Revenue (ATIR), Islamabad bench, in a landmark ...

Published about 21 hours ago

Eight appeals: President rejects CTO Islamabad’s stance

ISLAMABAD: President Asif Ali Zardari has rejected the stance of Corporate Tax Office (CTO) Islamabad in eight...

Updated 28 Apr, 2025 09:01am

Pakistan

Appointment of members in ATIR: IHC issues interim order

ISLAMABAD: Islamabad High Court (IHC) has issued an interim order regarding the appointment of members in Appellate...

Published 21 Apr, 2025 05:42am

Pakistan

IHC vacates stay order against removal of ATIR chairman

ISLAMABAD: The Islamabad High Court (IHC) has vacated the stay order against the removal of chairman, Appellate...

Published 19 Apr, 2025 05:45am

Business & Finance

ATIR Islamabad orders transfer of tax appeals involving SOEs to ADRC

ISLAMABAD: In a major development in tax litigation, the Appellate Tribunal Inland Revenue (ATIR), Islamabad has...

Published 18 Apr, 2025 05:52am

Clause 105A of Income Tax Ordinance, 2001: ATIR Islamabad declares audit selection process illegal

ISLAMABAD: Appellate Tribunal Inland Revenue (ATIR) Islamabad has declared the audit selection process undertaken by...

Updated 14 Apr, 2025 09:23am

Foreign assets immune from taxes: ATIR

ISLAMABAD: Appellate Tribunal Inland Revenue (ATIR) Lahore has ruled that any foreign assets declared under the...

Updated 08 Apr, 2025 09:27am

Section 122 (5) and Section 122 (5A): ATIR explains scope of amendment procedure

ISLAMABAD: A division bench of the Appellate Tribunal Inland Revenue (ATIR), Islamabad Bench in a landmark judgment...

Updated 07 Apr, 2025 09:24am

Business & Finance

Veg ghee mill: ATIR annuls Rs1.5bn GST demand by Peshawar RTO

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) has annulled sales tax demand amounting to Rs1.5 billion...

Published 23 Mar, 2025 05:26am

Pakistan

Hiring process of ATIR members: IHC issues notice to MoL&J, others

ISLAMABAD: Islamabad High Court (IHC) has issued notices to secretary Ministry of Law and Justice, chairman Federal...

Published 20 Mar, 2025 07:33am

Commissioner (Appeals): ATIR reprimands FBR officials for challenging competence

ISLAMABAD: Appellate Tribunal Inland Revenue (ATIR) in a landmark judgment has reprimanded Federal Board of Revenue...

Updated 10 Mar, 2025 08:41am

Cabinet approves amendments to ATIR rules

ISLAMABAD: The federal cabinet has approved amendments to the Appellate Tribunal Inland Revenue (Appointments, Terms...

Updated 10 Mar, 2025 02:42pm

Pakistan

Reconstituted benches unlawful and biased, claim senior ATIR members

ISLAMABAD: Senior members of the Appellate Tribunal Inland Revenue (ATIR) have approached the chairman ATIR, ...

Published 27 Feb, 2025 08:37am

ATIR assessment framework: FBR directs IR officers to adhere to procedure

ISLAMABAD: The Federal Board of Revenue (FBR) has directed all Inland Revenue assessing officers to follow the...

Updated 21 Feb, 2025 09:33am

Appellate Tribunal: Govt to revisit process for appointment of members

ISLAMABAD: In a significant development before Islamabad High Court (IHC), the government has decided to reconsider...

Updated 16 Feb, 2025 09:40am

Tax authorities: Structured procedural framework drafted

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) Islamabad Bench-I has drafted a structured procedural...

Updated 13 Feb, 2025 09:28am

Business & Finance

ATIR directs fertiliser co to deposit GIDC funds into kitty

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) has directed a leading fertiliser company to promptly ...

Published 21 Jan, 2025 06:12am

Business & Finance

ATIR urges FBR to act efficiently in executing tax demands

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) has held that long silence and inaction by Federal Board of...

Published 03 Jan, 2025 07:35am

Business & Finance

ATIR refers case to FBR chief against assessing officers

ISLAMABAD: Appellate Tribunal Inland Revenue (ATIR) in a landmark decision has referred a case to the chairman,...

Published 01 Jan, 2025 03:03am

Business & Finance

‘Tax Laws (Amendment) Act’ has failed to achieve its objectives: PTBA

ISLAMABAD: The objective of the Tax Laws (Amendment) Act, 2024, for streamlining the tax appeal system under tax ...

Published 31 Dec, 2024 07:29am

Resident Pakistanis in UAE, UK: Rental income, capital gain not taxable: ATIR DB

ISLAMABAD: A division bench of Appellate Tribunal Inland Revenue (ATIR) has held that under the tax treaties of...

Updated 23 Dec, 2024 09:40am

Income Tax Ordinance 2001: Commissioner does not fall under definition of ‘person’: ATIR Islamabad

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) Islamabad has ruled that commissioner does not fall under...

Updated 14 Dec, 2024 01:07pm

Pakistan

Ministry holding tests for appointment of 20 members of ATIR

ISLAMABAD: Ministry of Law and Justice on the directions of the prime minister is organizing a Qualifying Skills ...

Published 09 Dec, 2024 07:14am

Pakistan

ATIR members: IHC restrains law ministry from making final appointments

ISLAMABAD: The Islamabad High Court (IHC) has issued an interim order restraining the Law Ministry from making final...

Updated 07 Dec, 2024 08:29am

Business & Finance

Appeal system becomes dysfunctional: Uncertainty surrounds Rs2.7trn tax litigations: PTBA

KARACHI: The country’s tax appeal system has fallen into “dysfunction” phase six months after major reforms were...

Updated 15 Nov, 2024 09:23am

Business & Finance

Tax Laws (Amendment) Act 2024: Dysfunctional ATIR: PTBA urges Law minister to form oversight body

ISLAMABAD: The Pakistan Tax Bar Association (PTBA) has expressed serious concern that Tax Laws (Amendment) Act 2024...

Published 15 Nov, 2024 06:20am

Pakistan

Cases pending before single bench of ATIR: Govt decides to increase value from Rs1m to Rs50m

ISLAMABAD: The federal government has decided to considerably increase value from Rs 1 million to Rs 50 million for...

Published 17 Sep, 2024 06:33am

Section 122 (2) of ITO: ATIR reconciles apparently conflicting provisions

ISLAMABAD: In a landmark judgement, Appellate Tribunal Inland Revenue, Islamabad has reconciled the apparently...

Updated 16 Sep, 2024 03:12pm

Business & Finance

MTBA asks ATIR chairman to transfer urgent cases back to Multan Bench

ISLAMABAD: The Multan Tax Bar Association (MTBA) has formally requested the chairman of the Appellate Tribunal ...

Published 07 Sep, 2024 06:59am

Business & Finance

Fair trials: ATIR’s overwhelming caseload threatening taxpayers’ rights

KARACHI: The Appellate Tribunal Inland Revenue (ATIR) is facing an overwhelming caseload and insufficient resources...

Published 28 Aug, 2024 07:51am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 30	281
USD PKR Interbank Buying / Apr 30	280.80
USD to Japanese Yen / May 1	144.31
USD to Swiss Franc / May 1	0.83
Pound Sterling to USD / May 1	1.33
Euro to USD / May 1	1.13
UK LIBOR % / Apr 30	4.96

Stock	Volume
S&P 500 / Apr 30	5,569.06
India Sensex / Apr 30	80,242.24
Tokyo Nikkei / Apr 30	36,241.70
Nasdaq / Apr 30	17,446.34
Hang Seng / Apr 30	22,119.41
Dow Jones / Apr 30	40,669.36
Germany DAX 30 / Apr 30	22,496.98
France CAC40 / Apr 30	7,593.87
FTSE 100 / May 1	8,493.40

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 30	16,985
Gold 10 Grams PKR / Apr 30	296,476
Crude Oil USD/Barrel / May 1	56.60
Gold Spot USD/Ounce / May 1	3,222.54
Cotton US¢/pound / May 1	65.83
Petrol/Litre / May 2	252.63
Diesel/Litre / May 2	256.64

Gainers
Losers
Leaders

Stock	Price
J.A.Textile / Apr 30 J.A. Textile Mills Limited(JATM)	20.90 ▲ 1.9 (10%)
Punjab Oil / Apr 30 Punjab Oil Mills Limited(POML)	178.67 ▲ 16.24 (10%)
PIA Holding Co.B / Apr 30 PIA Holding Company Limited B(PIAHCLB)	4,366.33 ▲ 396.94 (10%)
First Elite Cap.Mod / Apr 30 First Elite Capital Modaraba(FECM)	12.68 ▲ 1.15 (9.97%)
Jubilee Spinning / Apr 30 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	12.70 ▲ 1.15 (9.96%)
Shakarganj / Apr 30 Shakarganj Limited(SML)	52.29 ▲ 4.35 (9.07%)
Burshane LPG / Apr 30 Burshane LPG (Pakistan) Limited(BPL)	29.03 ▲ 2.03 (7.52%)
Engro Poly(Pref / Apr 30 Engro Poly(Pref)(EPCLPS)	11.99 ▲ 0.81 (7.25%)
Sakrand Sugar / Apr 30 Sakrand Sugar Mills Limited(SKRS)	12.23 ▲ 0.81 (7.09%)
Intermarket Securities / Apr 30 Intermarket Securities Limited(IMS)	45.97 ▲ 2.98 (6.93%)

Stock	Price
United Brands / Apr 30 United Brands Limited(UBDL)	20.93 ▼ -2.33 (-10.02%)
AGP Limited / Apr 30 AGP Limited(AGP)	186.05 ▼ -20.67 (-10%)
Sunrays Textile / Apr 30 Sunrays Textile Mills Limited(SUTM)	170.30 ▼ -18.92 (-10%)
Chakwal Spinning / Apr 30 Chakwal Spinning Mills Limited(CWSM)	47.64 ▼ -5.29 (-9.99%)
Kohinoor Energy / Apr 30 Kohinoor Energy Limited(KOHE)	17.76 ▼ -1.97 (-9.98%)
Adamjee Life Assur. / Apr 30 Adamjee Life Assurance Company Limited(ALIFE)	25.23 ▼ -2.79 (-9.96%)
Bela Auto / Apr 30 Bela Automotives Limited(BELA)	127 ▼ -14 (-9.93%)
National Silk / Apr 30 The National Silk & Rayon Mills Limited(NSRM)	42.46 ▼ -4.67 (-9.91%)
Nishat Mills Ltd / Apr 30 Nishat Mills Limited(NML)	101.35 ▼ -11.12 (-9.89%)
Amtex Ltd / Apr 30 Amtex Limited(AMTEX)	2.30 ▼ -0.25 (-9.8%)

Stock	Volume
Cnergyico PK / Apr 30 Cnergyico PK Limited(CNERGY)	46,167,601 ▼ -0.72
WorldCall Telecom / Apr 30 Worldcall Telecom Limited(WTL)	40,695,095 ▼ -0.01
B.O.Punjab / Apr 30 The Bank of Punjab(BOP)	20,001,384 ▼ -0.36
K-Electric Ltd. / Apr 30 K-Electric Limited(KEL)	17,624,493 ▼ -0.11
Maple Leaf Cement / Apr 30 Maple Leaf Cement Factory Limited(MLCF)	15,370,507 ▼ -1.87
Power Cement / Apr 30 Power Cement Limited(POWER)	14,502,204 ▼ -0.43
Sui South Gas / Apr 30 Sui Southern Gas Company Limited(SSGC)	14,104,286 ▼ -2.06
Sui North Gas / Apr 30 Sui Northern Gas Pipelines Limited(SNGP)	13,883,713 ▲ 0.45
Fauji Cement / Apr 30 Fauji Cement Company Limited(FCCL)	13,723,423 ▼ -0.92
At-Tahur Ltd. / Apr 30 At-Tahur Limited(PREMA)	13,002,379 ▼ -6.85

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