Watermark
Inland Revenue Appellate Tribunal of Pakistan 2012 Interpretation of statutes---

2012 PTD 25

vested right---creation
C.I.R., ZONE-II, R.T.O., MULTAN
Appellant
VS
ALI RAZA INDUSTRIES (PVT.) LTD., MULTAN
Respondent

Case Laws / Head Notes / Paras

----Creation of vested right---Scope---Right of appeal existing on the day on which proceedings on lis commenced is a vested right and such right is to be governed by law prevailing on that day and not by law prevailing on the day of its decision---Such vested right can be taken away only by the subsequent enactment if it so provided expressively.