NATIONAL BANK OF PAKISTAN through Authorized Attorney vs FEDERATION OF PAKISTAN through Secretary, Ministry of Finance, Islamabad arts — 2025 PTD 1410 KARACHI-HIGH-COURT-SINDH

Case information

Citation: 2025 PTD 1410 KARACHI-HIGH-COURT-SINDH
Court: Sindh High Court
Year: 2025
Reporter: PTD
Parties: NATIONAL BANK OF PAKISTAN through Authorized Attorney vs FEDERATION OF PAKISTAN through Secretary, Ministry of Finance, Islamabad arts

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

NATIONAL BANK OF PAKISTAN through Authorized Attorney VS FEDERATION OF PAKISTAN through Secretary, Ministry of Finance, Islamabad arts. 77, 260 & Fourth Schedule, Federal Legislative List Serial Nos. 47 & 48---Tax, imposing of---Scope---Tax on income defined in art. 260 of the Constitution includes a tax in the nature of an excess profits tax or a business profits tax etc.---Fourth Schedule to the Constitution enumerated Federal Legislative List and Entries 47 and 48 thereof befall the taxes on income and on corporations squarely within the exclusive domain of Federal Parliament---Tax to be levied, under art. 77 of the Constitution is required to be levied for the purposes of Federation by or under the authority of an act of Parliament---Constitution specifically empowers the Parliament to levy a tax on excess profits upon corporations by or under the authority of sub-Constitutional legislation.

Other judgments reported in 2025 PTD

2025 PTD 1833 BALOCHISTAN-SALES-TAX-ON-SERVICES-APPELLATE-TRIBUNAL, QUETTACASING CORPORATION (PVT.) LIMITED VS COMMISSIONER BALOCHISTAN REVENUE AUTHORITY. Ss. 2(115), 2(139), 25 & 27 - Balochistan Sales Tax on Serv…
2025 PTD 1230 SUPREME-COURTKASSIM TEXTILE MILLS (PVT.) LIMITED VS COMMISSIONER INLAND REVENUE, KARACHI Literal rule---Legislation---Powers of Court---Where words of st…
2025 PTD 1179 SUPREME-COURTWAK LIMITED MULTAN ROAD, LAHORE VS COLLECTOR CENTRAL EXCISE AND SALES TAX, LAHORE (NOW COMMISSIONER INLAND REVENUE, LTU, LAHORE) Statutory d…
2025 PTD 1634 SUPREME-COURTThe DIRECTORATE OF POST CLEARANCE AUDIT through DG, FBR, Islamabad VS NESTLE PAKISTAN LIMITED, ISLAMABAD art. 185(3)---Petition for leave to…
2025 PTD 1270 SUPREME-COURTDIRECTORATE OF INTELLIGENCE AND INVESTIGATION-FBR, through Director VS TAJ INTERNATIONAL (PVT.) LTD. Ss. 2(37), 3, 11, 33 & 37a---assessment…
2025 PTD 1270 SUPREME-COURTDIRECTORATE OF INTELLIGENCE AND INVESTIGATION-FBR, through Director VS TAJ INTERNATIONAL (PVT.) LTD. Imposing of tax---Principle---Under mod…

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