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2020 SHC 1414

Faysal Bank Ltd vs Pakistan and Others

Citation2020 SHC 1414
CourtSindh High Court
Case No.C.P. No.D-6716 of 2020
Date2020-12-24
Judge(s)Aqeel Ahmed Abbasi, Rashida Asad
ResultN/A

ORDER

1. Urgency granted.

2. Exemption granted, but subject to all just exceptions.

3&4. Through instant petition, the petiti oner has impugned letter dated 02.12. 2020 issued by Secretary (IR- Operations), F.B.R., Islamabad, address ed to the Chief Commissioner-IR, Large Taxpayers Office, Karachi, in respect of petitioner 's case, whereby , according to learned counsel for the petitioner under purported exercise of jurisdiction under Section 214A of the Income Tax Ordinance, 2001, the Chief Commissioner Inland Revenue, Large Taxpayers Office, Karachi has been authorized to pass an order of rectification under section 221 of the Income Tax Ordinance, 2001, by extending the period of limitation of five years upto 31.12.2020, however , without assigning any reason, which according to learned counsel for the petitioner , is the requirement of law. In support of his contentions, learned counsel has placed on record a copy of order dated 07.12.2020 passed by this Court in C.P. No.D-6201/2020 in the case of (Re: National Bank of Pakistan vs. Federation of Pakistan and others).

Let pre-admission notice be issued to the respondents as well as D.A.G, to be served through first three modes, for a date to be fixed after four weeks, when instant petition may be taken up alongw ith aforesaid petition, whereas, comments, if any, shall be filed with advance copy to the learned counsel for petitioner . However , till next date, the respondents may not pass any adverse order against the petitioner pursuant to the aforesaid letter . revisions by the competent authorities. Therefore, it is advisable to consult the official sources or legal professionals for the most up-to-date and accurate information.

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