Heading: PTBA SEEKS CHIEF JUSTICE’S INTERVENTION IN HIGH-PROFILE TAX CASES - 2024-11-16
The Pakistan Tax Bar Association (PTBA) has urged the newly appointed Chief Justice of Pakistan, Justice Yahya Afridi, to address key high-profile tax cases that remain unresolved. These cases include matters related to the super tax, Capital Value Tax, and the Section 7E levy. In a detailed letter, PTBA highlighted the significant challenges posed by these pending cases, particularly the 4B and 4C super taxes and the Capital Value Tax. They emphasized the need for an efficient resolution to reduce the backlog and provide clarity to taxpayers. As part of their recommendations, PTBA proposed integrating resolved tax cases into an automated judicial system. This system would assist courts and tribunals in expediting cases at the preliminary “Kacha Peshi†stage, potentially easing the burden on the judiciary and curtailing prolonged litigation. The association also voiced concerns regarding recent amendments introduced through the Tax Laws Amendment Act, 2024. Under these changes, appellate remedies under income and sales tax laws have been redefined. For disputes involving demands below Rs. 20 million, appeals can now only be…