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SHC stays recovery of surcharge on Super Tax
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SHC stays recovery of surcharge on Super Tax
ISLAMABAD: Sindh High Court (SHC) Tuesday granted stay to a taxpayer against recovery of alleged default surcharge on the Super Tax liability of the taxpayer, it is learnt. According to the details of the case, the taxpayer had received show cause notices for several tax years under Sections 205(1) read with Section 205(7) and Section 137(1) of the Income Tax Ordinance 2001 [“Ordinance 2001] stating that the taxpayer was liable to pay default su…
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