The Federal Board of Revenue (FBR) was served with contempt notices by the Lahore High Court (LHC) on Sunday for failing to comply with the court’s orders regarding the minimum tax computation formula used by service sector taxpayers liable to pay minimum tax under Section 153(1)(b) of the Income Tax Ordinance, 2001.

A single bench led by Justice Shahid Jamil Khan issued the notice while hearing a petition seeking contempt proceedings against the revenue board’s chairman and two core members for failing to follow the court’s earlier order dated November 14.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Khaby Lame loses followers due to anti-racist comment

It is reported that Khaby Lame, TikTok’s second most-followed star has lost…

NA approves Federal Budget 2024-25

The National Assembly (NA) has approved the Federal Budget for the fiscal…

Sweden increases patrol on Gotland

Stockholm: On Jan 13, Sweden’s military said that it was ramping up…