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19 June 2025
Author: Asif S Kasbati (FCA, FCMA & LLB)
I. High Level professional : Mr Hamza Ashraf (Ferguson Lahore Tax Partner) explaining Kasbati Quick Commentary Services' benefits
II. Subscriber : Comment by Mr Abdul Samad from Pakistan Petroleum Limited
This refers to the related following Important TLQCs in trail, blue, italic and double line
(a) 3108 of 3.5.25 about Tax Ordinance for FED – More Powers to Seizers & Confiscation
(b) 3107 of 3.5.25 about Tax Ordinance amendments may lead to Corporate Emergency & Seminar
II. Updated Commentary
Further to KQU 3404 of 4.6.25, being an important matter, we would inform you about stay as in Interim relief order ----------------------(Attachm
A. Questions Raised
Through the instant writ petition --------------, the petitioner has prayed for the following relief:
a. Declare that the Tax Laws (Amendment) Ordinance 2025, promulgated on 2.5.25, is Ultra Vires of the Constitution and void ab initio.
b. Declare that Sections 138 (3A), 140(6A), 175 C of the ITO, 2001 (as amended), and section 27 (4) of the Federal Excise Act, 2005 are inconsistent with Articles 4, 8, 10-A, 18, and 25 of the Constitution, hence void.
c. Suspend the operation of impugned Tax Laws (Amendment) Ordinance, 2025 dated 02.05.2025, till pendency of this Writ Petition.
d. Restrain the Respondents from enforcing or taking any coercive action under the impugned provisions till pendency of this Writ Petition.
e. Grant any other relief deemed just and equitable in the circumstances of the case.
f. Grant cost(s) of the petition.
B. Interim Relief in CM No.1/2025
No coercive measures shall be taken against the Petitioners.
Meaning thereby, Stay granted order against recovery as per the New provisions of the Tax Laws (Amendment) Ordinance, 2025.
C. Kasbati & Co View & Recommendation
It is a Landmark IHC Interim order and may be followed by Other HCs.
Alternatively, ------------------------------
III. Further Details & Services
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Best regards for Here & Hereafter
Asif S Kasbati (FCA, FCMA & LLB)
Managing Partner
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