Justice Shahid Karim on Wednesday sought a reply from the Federal Board of revenue (FBR) on a petition filed by Ali Tareen, son of Pakistan Tehreek-i-Insaf’s estranged leader Jahangir Tareen, challenging a show cause notice for alleged concealment of foreign assets.
Judge also restrained the FBR from taking any final decision in the matter till a decision on the petition.
Petitioner counsel submitted that the FBR issued a notice on the charge of non-declaration of assets. He pointed out that the matter relating to the declaration of assets was already pending before a court of law but even then FBR issued notice to the petitioner.
Counsel said that the asset in question had already been declared in the income tax returns of 2018. He submitted that the impugned show cause notice was based on malafide intention and politically motivated.
He claimed that for issuance of notice no legal requirements under the income tax return ordinance had not been fulfilled. He requested to set aside the notice for being unlawful.