PAK LAW GPT — Pakistan Case Law AI justice scale emblemPAK LAW GPTCase law · Urdu & English

STATE BANK OF PAKISTAN vs FEDERATION OF PAKISTAN S — 2022 CLC 1574 QUETTA-HIGH-COURT-BALOCHISTAN

Case information

Citation
2022 CLC 1574 QUETTA-HIGH-COURT-BALOCHISTAN
Court
Balochistan High Court
Year
2022
Reporter
CLC
Parties
STATE BANK OF PAKISTAN vs FEDERATION OF PAKISTAN S
Subject matter
Constitutional
Provisions referred to
S. 49---C

Fields are extracted from the reported citation and judgment text. Where a detail is not stated in the record, it is not shown.

Judgment text as reported

STATE BANK OF PAKISTAN VS FEDERATION OF PAKISTAN S.49---Constitution of Pakistan, Art.165---Property tax, recovery of---Exemption---Respondent/Cantonment Board issued demand notice to the petitioner/State Bank for payment of property tax---Petitioner claimed that it was exempted from taxation---Held, that State Bank of Pakistan being a public service organization was exempted from property tax on its building for the reasons that profit of the Bank after providing expenditures was remittable to the Government; entire capital of the Bank vested in the Federal Government; and the same was not a commercial entity rather it performed functions on behalf of the Federal Government---Properties of the same needed to be treated as owned by the Federal Government---Constitutional petition was allowed accordingly. Head NotesCase Description

Other judgments reported in 2022 CLC

Back to the case-law library · Search Pakistani case law in Urdu or English