KTBA Case Laws Update

18-Mar-2024: Case Law Update 37#: Commissioner Appeals can confirm, modify or annul but cannot Remand back the case Annexure-F is not a statement of taxpayers and should not be used to determine his income tax liability

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Continue Reading18-Mar-2024: Case Law Update 37#: Commissioner Appeals can confirm, modify or annul but cannot Remand back the case Annexure-F is not a statement of taxpayers and should not be used to determine his income tax liability

18-Mar-2024: Case Law Update 36#: Section 3(2) and 3(9A) of Sales Tax Act start with non-obstante clause and, therefore, have overriding effect. Appellant had rightly discharged sales tax liability at reduced rate of 14% Appellant had rightly claimed input tax during the period wherein procedure of POS integration was not introduced by FBR

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Continue Reading18-Mar-2024: Case Law Update 36#: Section 3(2) and 3(9A) of Sales Tax Act start with non-obstante clause and, therefore, have overriding effect. Appellant had rightly discharged sales tax liability at reduced rate of 14% Appellant had rightly claimed input tax during the period wherein procedure of POS integration was not introduced by FBR

26-May-2025: TAX U/S 236K ON FBR VALUE, NOT ON ACTUAL PRICE OR ACTUAL VALUE CHOICE OF FAIR MARKET VALUE B/W FBR VALUE AND STAMP TABLE VALUE SECTION 161 CAN’T BE INVOKED WITHOUT REFERRING TO PAYMENTS WITHOUT WITHHOLDING

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Continue Reading26-May-2025: TAX U/S 236K ON FBR VALUE, NOT ON ACTUAL PRICE OR ACTUAL VALUE CHOICE OF FAIR MARKET VALUE B/W FBR VALUE AND STAMP TABLE VALUE SECTION 161 CAN’T BE INVOKED WITHOUT REFERRING TO PAYMENTS WITHOUT WITHHOLDING