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PAKISTAN HOSIERY MANUFACTURERS & EXPORTERS ASSOCIATION
PHMA House, 37-H, Block-6, P.E.C.H.S, Karachi. Tel: 0092-21-34522769, 34522685, 34544765
Fax: 0092-21-34543774, E-mail: info@phmaonline.com   

Ref. No. PHMA/Cir-082/2020
Dated: 22^nd December, 2020

To: All Members of the Association (Southern Zone & Northern Zone)

Selection of cases for audit: LHC declares notices to taxpayers 'ultra vires'

This to inform to all our members that Lahore High Court has declared that the notices issued to the taxpayers for selection of cases for audit, subsequent to the deletion of Section 214D of the Income Tax Ordinance 2001, are clearly ultra vires, and are held to be without lawful authority. The LHC has set aside the notices issued by the FBR in the writ petitions WP 49412/2019.

Attached herewith Order of the Lahore High Court (LHC) and Press Clipping thereon.

Thanks & Best Regards,