Case Details

Citation(s)
2024 SLG 3997 2024 SLD 3997 2024 LHC 4192 (2024) 130 TAX 565 2024 PTD 1520
Lahore High Court
Writ Petition No.43578 of 2024,
(RAHEEL KAMRAN) J
For the petitioner in this petition Mr. Muhammad Ajmal Khan, Advocate For the petitioner in W.P.No.49585 of 2024 Barrister Hamza Shehram Sarwar, Asad Zaman Tarar and Kamal Ali Khan, Advocates For the Federation of Pakistan M/s Muhammad Hamza Sheikh and Muhammad Mansoor Ali Sial, Assistant Attorneys General For respondentsFBR Mr. Muhammad Bilal Munir, Advocate

M/s K&Ns Foods (Pvt.) Ltd.

VERSUS

Federation of Pakistan, etc.

Law: Income Tax Ordinance, 2001

Section: 153(4), 153(1)(a)

Law: Constitution of Pakistan, 1973

Section: 10A, 18, 23, 24 & 77

Summary

The High Court ruled in favour of K N’s Foods and Fauji Foods, setting aside notices revoking their tax exemption certificates. The court found that a Finance Act amendment changing tax exemption rules, while effective July 1, 2024, could not retroactively affect certificates issued before that date. The court reasoned that the amendment lacked express or implied retrospective application, upholding the petitioners' vested rights to the exemptions granted prior to the amendment's effective date, and finding the revocation unlawful.

INCOME TAX ORDINANCE 2001, SEC 153(4) 

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