ANWAR ZAHEER JAMALI, J.-Petitioner ICI Pakistan Limited, a public limited company, incorporated in Pakistan, aggrieved by the action of respondent No. 4 in the form of notice, dated 26-5-2005, have preferred this constitutional petition with the following prayers:--"(i) Declare that the notice; dated 26-5-2005 issued by the Respondent No.4 under section 62 of the Income Tax Ordinance, 1979 (Annex "O") is and has been issued without lawful authority and is of no legal effect or consequence.(ii) Declare that as per order/judgment of this Hon'ble Court in J.M. 17/2000, dated 23-7-2001, that the PTA Business of the petitioner was demerged, transferred to and vested in a separate company, Pakistan PTA Limited with effect from 1-10-2000 and that the same is binding on the Respondents.(iii) Declare that the issue/question of the Effective Date being 1-10-2000 is final and stands concluded by the assessment order, dated 29-5-2002 for the assessment year 2001-2002.(iv) Restrain and prohibit the...
PRESENT:
ANWAR ZAHEER, JAMALI AND MRS. YASMIN ABBASEY, JJ
Petitioner(s) by: Abdul Hafeez Pirzada, Abdul Sattar Pirzada and Ms Danish Zuberi for Petitioner.
Respondent(s) by: A.R. Akhtar for Respondents Nos. 2 to 4 along with Dr. Tariq Masood, DCIT/Departmental Representative..
Law: Income Tax Ordinance, 1979
Sections: 62
Law: Constitution of Pakistan, 1973
Sections: 199
Disclaimer / Note: We have reproduced the judgment for facilitation of readers; however, the readers must study the original or certified copy of the above said judgment before referring it in any Court of Law. The judgment as reproduced above is a reported judgment available in law magazines and journals namely: 2006 PTD 778 | 2006 PTCL 225