| Citation(s) |
|---|
| 2020 SLG 1890 2020 SLD 1890 (2020) 122 TAX 208 2021 PTCL 67 |
Sindh High Court
Suit Nos. 2615/2015, 2616/2015, 2617/2015, 2618/2015,2619/2015, 2634/2015, 2635/2015, 42/2016, 43/2016, 141/2016,522/2016, 1468/2016, 2748/2016, 2768/2016, 2772/2016,2/2017, 40/2017, 188/2017, 340/2017, 854/2017, 2208/2017,2223/2017, 2245/2017, 2267/2
AQEEL AHMED ABBASI, JUSTICE ABDUL MALIK, JUSTICE
Mr. Naveed A. Andrabi, Anwar Kashif Mumtaz, Khalid Javed Khan, Mansoor-ul-Arfin, Rashid Anwar, Abid H. Shaban, Arshad Siraj, flyder Ali Khan, Ali Aziz along with Sami-ur-Rehman, Pooja Kalpana, Munawar Hussain, Jawaid Farooqi, Lubna Pervez, Qazi Umair Ali,
Suit Nos. 2615/2015, 2616/2015, 2617/2015, 2618/2015,2619/2015, 2634/2015, 2635/2015, 42/2016, 43/2016, 141/2016,522/2016, 1468/2016, 2748/2016, 2768/2016, 2772/2016,2/2017, 40/2017, 188/2017, 340/2017, 854/2017, 2208/2017,2223/2017, 2245/2017, 2267/2
AQEEL AHMED ABBASI, JUSTICE ABDUL MALIK, JUSTICE
Mr. Naveed A. Andrabi, Anwar Kashif Mumtaz, Khalid Javed Khan, Mansoor-ul-Arfin, Rashid Anwar, Abid H. Shaban, Arshad Siraj, flyder Ali Khan, Ali Aziz along with Sami-ur-Rehman, Pooja Kalpana, Munawar Hussain, Jawaid Farooqi, Lubna Pervez, Qazi Umair Ali,
(2020) 122 TAX 208 (H.C. KAR.)M/S. HBL STOCK FUND AND OTHERSVSFEDERATION OF PAKISTAN AND OTHERS
Law: Income Tax Ordinance, 2001
Section: 4B,122(5A),137,DivisionIIA ofPart1 ofFirst Schedule
Law: Constitution of Pakistan, 1973
Section: 73(2),144(1)
INCOME TAX ORDINANCE, 2001 (XLIX OF 2001) Section: 4B (Division 11A of Part 1 of First Schedule & 122(5A) - Finance Act 2015, section 9(2) - Constitution of Pakistan, 1973, Article 73(2) - Amendment of assessments - Super tax for rehabilitation of temporarily displaced persons - Imposition through Finance Act along with bill - Issuance of notices - Additions - Validity - Imposition is not a tax and is ultra vires of Constitution - Contention of the Petitioners - FACTS Above captioned petitions have been filed to challenge the imposition of super tax by inserting section 4B Division IIA of Part I of the First Schedule of the Income Tax Ordinance, 2001, through section 9(2) of the Finance Act, 2015, introduced through Money Bill under Article 73(2) of the Constitution of Islamic Republic of Pakistan, 1973, for being ultra-vires to the Constitution. Section 4B Division IIA of Part I of the First Schedule of the Income Tax Ordinance, 2001, which reads as follows:- "4B. Super tax for rehabilitation of temporarily displaced persons- (1) A super tax shall be imposed for rehabilitation of temporarily displaced persons, for tax year 2015, at the rates specified in Division IIA of Part I of the First Schedule, on income of every person specified in the said Division. (2) For the purposes of this section, "income" shall be the sum of the following:- (i) profit on debt, dividend, capital gains, brokerage and commission; (ii) taxable income under section (9) of this Ordinance, if not included in clause (i); (iii) imputable income as defined in clause (28A) of section 2 excluding amounts specified in clause (i); and (iv) income computed under Fourth. Fifth, Seventh and Eighth Schedules. (3) The super tax payable under sub-section (1) shall be paid, collected and deposited on the date and in the manner as specified in sub-section (1) of section 137 and all provisions of Chapter X of the Ordinance shall apply. (4) Where the super tax is not paid by a person liable to pay it, the Commissioner shall by an order in writing, determine the super tax payable, and shall serve upon the person, a notice of demand specifying the super tax payable and within the time specified under…
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