2003 PLP (Trib (PTD)
N/A
| Citation | 2003 PLP (Trib (PTD) |
| Forum / Court | Income Tax Appellate Tribunal Pakistan |
| Bench Members | Muhammad Akhtar Nazar Mian, Accountant Member and S. Hasan Imam, Judicial Member |
| Parties | N/A |
| Primary Law | Income Tax Ordinance (XXXI of 1979)‑‑‑ |
Q1: What are the key laws and sections cited in 2003 PLP (Trib (PTD)?
This judgment primarily cites: Income Tax Ordinance (XXXI of 1979)‑‑‑ as referenced in Pakistani case law index.
Q2: Which judicial bench decided the case 2003 PLP (Trib (PTD)?
The case was heard and decided by the Income Tax Appellate Tribunal Pakistan bench comprising: Muhammad Akhtar Nazar Mian, Accountant Member and S. Hasan Imam, Judicial Member.
Q3: What is the official citation format for this judgment on Pakistan Law Portal?
Cite this legal precedent as: 2003 PLP (Trib (PTD) (N/A). Read the full summary and cross-referenced laws free on Pakistan Law Portal.
Laws Cited
Representation
- Shoaib Ahmed Sethi, D.R. for Appellant.
- Mazharul Hasan for Respondent.
- Date of hearing: 20th September, 2002.
Headnotes / Summary
‑‑‑Ss.156 & ‑80‑B‑‑‑Rectification of mistakes‑‑‑Minimum tax on income of certain persons‑‑‑Society‑‑‑"Company"‑‑‑Appellate Tribunal had held that society was not included in the definition of "company" and Assessing Officer was not justified in charging minimum tax under S.80‑D of the Income Tax Ordinance, 1979‑‑‑Application for rectification by the Department on the ground that through an amendment by Finance Act, 1999 all persons were made liable to minimum tax under S. 80‑D of the Income Tax Ordinance, 1979 and Appellate Tribunal had made a mistake apparent from record in deciding that minimum tax was not applicable to the Society even if it was not to be treated as a company‑‑‑Validity‑‑‑Application moved by the Department was misconceived‑‑‑Section 80‑D of the Income Tax Ordinance, 1979 was inserted by Finance Act, 1991 and the minimum tax was made chargeable in the cases of companies only, then through an insertion by Finance Act, 1992 registered firms were also included as assessees from whom minimum tax was liable to be charged and by the Finance Act, . 1999, "an individual, an Association of Persons, an unregistered firm, or a Hindu undivided family" were also made liable to pay minimum tax under S.80‑D of the Income Tax Ordinance, 1979‑‑‑Appellate Tribunal having held that Society was an artificial juridical person and artificial juridical person had not been made liable to minimum tax under S.80‑D of the Income Tax Ordinance, 1979 through insertion by the Finance Act, 1999, application was rejected.
Judgment & Decree
This rectification application has been submitted by the department which is represented by Mr. Shoaib Ahmed Sethi, D.R. because Syed Tanveerul Haq, Taxation Officer, Circle‑03, Cos. Zone‑V, Karachi has failed to appear alongwith records although he had shown his intention to assist the Bench as per his Letter No. TO/CIR‑03/Cos V/2002‑2003/36 dated 16‑9‑2002.
2. The departmental appeal for the assessment year 2000‑2001 was decided by this Tribunal vide I.T.A. No. 415/KB/SB of 2001 dated 21‑2‑2002. It was held that the Society is not included in the definition of company and therefore, the Assessing Officer was not justified in charging minimum tax under section 80D of the Income Tax Ordinance, 1979. In the miscellaneous Application the department has contended that through an amendment by Finance Act, 1999 all persons were made liable to minimum tax under section 80D and therefore, the Tribunal has made a mistake apparent from record in deciding that minimum tax was not applicable on Society even if it was not to be treated as a company.
3. We have considered the submissions of the learned D.R. on behalf of the department but we have found that the application moved by the department is misconceived. Section 80D of the Income Tax Ordinance, 1979 was inserted by 'Finance Act, 1991 and the minimum tax was made chargeable in cases of companies only. Then through an insertion by Finance Act, 1992 registered firms were also included as assessees from whom minimum tax was liable to be charged. By Finance Act, 1999, "an individual, an Association of persons, an unregistered A firm, or a Hindu undivided family" were also made liable to pay minimum tax 'under section 80D. The Tribunal has held in its order dated 21‑2‑2002 that a Society is an artificial juridical person. The artificial juridical persons have. not been made liable to minimum tax under section 80D through insertion by the Finance Act, 1999.
4. The miscellaneous application being misconceived is hereby rejected. C.M.A./573/Tax (Trib.) Application rejected,