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+--- Thread: LHC Rules Against Application of Increased Taxes on Late Filers (/topic-lhc-rules-against-application-of-increased-taxes-on-late-filers)
LHC Rules Against Application of Increased Taxes on Late Filers - TaxationPk - 02-13-2025
LHC Rules Against Application of Increased Taxes on Late Filers
Lahore, Pakistan: The Lahore High Court (LHC) has ruled that the enhanced rates of withholding tax on late filers of income tax returns will not be applicable to transactions completed before the promulgation of the Finance Act 2024. The LHC rejected the government’s attempt to apply the increased rates retroactively, stating that such a move would […]
https://taxationpk.com/lhc-rules-against-application-of-increased-taxes-on-late-filers/