COLLECTOR OF SALES TAX AND CENTRAL EXCISE, LAHORE versus MESSRS TREET CORPORATION LTD. THROUGH CHIEF EXECUTIVE AND 2 OTHERS
Sections 7 and 66 [as amended by the Finance Ordinance (III of 1998)] include adjustments to input taxes beyond the tax period, additional taxes on claims that are outside the tax period, and sales tax claims on fines. The validity of section 7 of the Act was somewhat ambiguous during the tax period before the words were entered in the first tax period of 1990, such an act would not require the taxpayer to pay millions of rupees. Because it cannot be assumed that such a mistake was made intentionally. The fact that there was no direct loss of income or immediate benefit of the Assessee's assets for claiming input tax was not challenged as the High Court dismissed the appeal in the circumstances.
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