| Citation(s) |
|---|
| 2023 SLG 50 = 2023 SLD 50 = (2023) 127 TAX 49 = 2024 PTD 1478 = 2024 PLD 453 |
Sindh High Court
C.P. No. D-4942 of 2022 decided on 30.12.2022, Dates ofhearing: 01.11.2022, 02.11.2022, 03.11.2022 &08.11.2022. alongwith D-5116/2022, D-5117/2022,D-5118/2022, D-5119/2022, D-5120/2022, D-5122/2022,D-5124/2022, D-5204/2022, D-5216/2022, D-5252/2022,D
MUHAMMAD, JUNAID GHAFFAR, JUSTICE, AGHA FAISAL, JUSTICE
M/s. Muhammad Osman Ali Hadi, Rashid Anwar, Ovais Ali Shah, Arshad M. Tayebaly, Mr Omar Memon, Abdul Rahim Lakhani, Dr. Tariq Masood, Abid H. Shaban, Mushtaq Hussain Qazi, Jahanzeb Awan, Iqbal Salman Pasha, Ameen Mohammad Bandukda, Abdur Raafae Soori, Mar
C.P. No. D-4942 of 2022 decided on 30.12.2022, Dates ofhearing: 01.11.2022, 02.11.2022, 03.11.2022 &08.11.2022. alongwith D-5116/2022, D-5117/2022,D-5118/2022, D-5119/2022, D-5120/2022, D-5122/2022,D-5124/2022, D-5204/2022, D-5216/2022, D-5252/2022,D
MUHAMMAD, JUNAID GHAFFAR, JUSTICE, AGHA FAISAL, JUSTICE
M/s. Muhammad Osman Ali Hadi, Rashid Anwar, Ovais Ali Shah, Arshad M. Tayebaly, Mr Omar Memon, Abdul Rahim Lakhani, Dr. Tariq Masood, Abid H. Shaban, Mushtaq Hussain Qazi, Jahanzeb Awan, Iqbal Salman Pasha, Ameen Mohammad Bandukda, Abdur Raafae Soori, Mar
IRFAN HUSSAIN HALAI and othersVsFEDERATION OF PAKISTAN and others
Law: Income Tax Ordinance, 2001
Section: 116(2)
Law: Constitution of Pakistan, 1973
Section: 141,142, 142(c),142(d)
Law: Finance Act, 2022
Section: 8
(a) Constitution of Pakistan--- ----Art. 142 (d) & Fourth Schedule [as amended by Constitution (Eighteenth Amendment) Act (X of 2010)]---Federal Legislative List---Scope---What is not within the competence of Province stand reverted to the Parliament---Parliament has exclusive powers to make laws under Art. 142(d) of the Constitution with respect to all matters pertaining to such areas in the Federation as are not included in any Province---Parliament has competence to legislate in respect of all fields of legislation, which are either enumerated in Federal Legislative List or otherwise--Only condition which has to be met is that such law should not be in respect of any area, which is included within the Province. (b) Constitution of Pakistan--- ----Arts. 142(c) & 142(d)---Residuary provisions---Scope---Provisions of Art. 142 (c) of the Constitution not only make specific provision for exclusive legislative domain in respect of "residuary subjects" (i.e. subjects/entries left out of Federal Legislative List) over respective provincial territories of Provincial Assembly, but it also recognizes exclusive domain of Federal legislature over "residuary subjects" in respect of territories or areas 'not included in any province' by operation of Art. 142(d) of the Constitution which includes Islamabad Capital Territory. (c) Finance Act (IV of 2022)--- ----S. 8---Foreign Assets (Declaration and Repatriation) Act (XXX of 2018), S. 14--Income Tax Ordinance (XLIX of 2001), S. 116(2)---Constitution of Pakistan, Arts. 142 & Fourth Schedule, Entry No. 50---Levy of tax---Federal Legislative List--Foreign assets---Section 8 of Finance Act, 2022, vires of---Petitioners/resident taxpayers assailed levy of tax on their foreign assets under the provision of S. 8(2) (b) of Finance Act, 2022---Plea raised by petitioners/resident taxpayers was that Parliament had no legislative competence to levy such tax on foreign assets--Validity---Plea that "immoveable property" was not within the legislative competence of the Parliament, was completely out of the box---Such…