PAKISTAN STOCK EXCHANGE LIMITED vs COMMISSIONER INLAND REVENUE ZONE-VI, KARACHI — 2026 PTD 252 SUPREME-COURT

Case information

Citation: 2026 PTD 252 SUPREME-COURT
Court: Supreme Court of Pakistan
Year: 2026
Reporter: PTD
Parties: PAKISTAN STOCK EXCHANGE LIMITED vs COMMISSIONER INLAND REVENUE ZONE-VI, KARACHI
Subject matter: Criminal

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

PAKISTAN STOCK EXCHANGE LIMITED VS COMMISSIONER INLAND REVENUE ZONE-VI, KARACHI. Fiscal statute---Exemption clause---Application and interpretation---Firstly, the onus lies on the taxpayer to show that his case comes within the exemption---Secondly, if two reasonable interpretations are possible the one against the taxpayer will be adopted---But, thirdly, if the taxpayer's case comes fairly within the scope of the exemption then he cannot be denied the benefit of the same on the basis of any supposed intention to the contrary of the legislature or authority granting it.

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