Islamabad: In the aftermath of the enactment of “tax laws (amendment), 2025”, the Federal Council for Revenue (FBR) began recovery procedures against companies in which the courts ruled in favor of FBR.
The Grand Tax Office (LTO), Islamabad, remained open late on Saturday night to recover taxes from telecommunications companies after the decree was approved. He also visited the senior FBR LTO Islamabad officials to oversee the recovery process.
FBR was prepared to impose tax recovery by attaching bank accounts to two communications communications company under the LTO Islamabad However, a settlement was reached, and companies agreed to pay the amounts that can be recovered according to the courts’ orders.
In one case, a cell company agreed to pay the amount due to the billions to FBR after an order from the IHC AHC. Another issue, which includes a joint communications project, related to payment of deduction tax on integration operations.
IHC commanded that the inclusion of telecommunications companies to define the “industrial pledge” under the Finance Law 2021 did not affect the relevant tax year. As such, FBR was justified in treating the tax collected on the factory and imported machines as a minimum tax obligations and not hearing the amendment claimed by the company.
The company claimed initial consumption, natural consumption on fixed assets, and extinguishing on the unfinished assets, but the evaluation employee found that these claims are not in line with the income tax rules, 2002, and did not hear them.
IHC ruling stated that FBR’s decision not to allow 868,089,293 rupees had a law justified. The internal revenues of the Court of Appeal had applied the legal principles appropriately, and there were no legal cases in their decision.
IHC also explained that if a cellular company pays a tax imposed by the government, which is mainly the customer’s responsibility, it cannot deal with the amount as its discount expenses, even if the company regains the amount from the customer.
