A.   Background

1.   This refers to the related Important TLQCs in trail, blue, italic and double line (a) 3061 of 19.3.25 about Super Tax u/s 4B & 4C hearing on 7.4.25 at SCP (b) 3060 of 18.3.25 about Will Super Tax u/s 4B implemented once, last until Doomsday? SCP (c) 3053 of 13.3.25 about Super Tax u/s 4B & 4C – SCP 12.3.35 update

2.   We also refer to several Other TLQC including 

(a) 2247 of 2.3.23 about Comparison of Super Tax SCP Interim orders & Way Forward (b) 2244 of 1.3.23 about SCP Super Tax order implementation’s 2nd SHC order & Way Forward (c) 2239 of 27.2.23 about SHC 1^st interpretation on SCP order & Way Forward (d) 2233 of 24.2.23 about SCP Super Tax Written Interim order of 16.2.23 about SHC Final order dated 22.12.22 (e) 2203 of 9.2.23 about Super Tax SCP Interim order @50% payment about LHC Interim orders & Way Forward

B.   Updated Commentary

1.   Further to KQU 3311 dated 8.4.25, being an important matter, we would inform you about Supreme Court decided to hold daily hearings on super tax implementation case (Attachment 3079.1) in the ensuing paragraph, in Italic with emphasis in bold & Underline, heading ours for quick reading.

2.   The SCP constitutional bench has decided to conduct daily hearings on the case regarding the implementation of the super tax.

3.   A five-member constitutional bench of the SCP led by Justice Aminuddin Khan, heard the case against the imposition of the super tax. However, due to the unavailability of senior lawyer Makhdoom Ali Khan, the hearing has been postponed until April 15.

4.   During the hearing, lawyer Shehzad Ata Elahi informed the court that the LHC had also transferred tax-related cases to the Supreme Court that were unrelated to the super tax.

5.   Justice Aminuddin Khan stated that if cases were incorrectly transferred from high courts, a list should be submitted so that they could be sent back.

6.   SCP further remarked that from April 15 onward, hearings would be held daily, without any adjournments. 

C. Kasbati & Co. Views

Huge amount is involved in the above cases. As explained in earlier Commentaries, Owing to 50% expected refund, if taxpayers won the cases and 50% will be payable, if taxpayers lose the cases, hence, these are  very important cases, to remain updated.

If Provisions are not made in any Accounts for expected liability in the accounts or payments are considered as Advances, then CFO / Finance Directory, Internal & Extranl Auditors may consider the same. in order to avoid any major issue.

D. Multiplication

Although all the Commentaries are to the extent of the Subscribed IDs only, however, your Goodself is allowed to share this QC for the Noble Cause to remain updated, especially for major issues and make our second tier team well educated, especially if we have no time or less time..

E.   Further Commentary

Considering matter in para B & C, we will keep you posted of any update as soon as found, keeping in view yours and our time Constraints

F.   Further Details & Services 

Should you require any clarification or explanations in respect of the above or otherwise, or require IT, Federal & Provincial Sales Tax or Withholding Tax Advisory, Statement or Return Filing or Review services, or related accounting matters like the above, please feel free to email Mr Amsal at amsal@kasbati.co with CC to info.kasbati@professional-excellence.com. Your Goodself may continue to get other services from your current Tax & Legal Advisors.

Best regards for Here & Hereafter
Asif S Kasbati (FCA, FCMA & LLB)

Managing Partner 

Kasbati & Co (1400+ Tax, Levies, Companies, Economy, Inflation, HR, Banking, Finance, etc

Quick Commentary Service Provider and High Level 440+ Tax & Levies Laws Consultants) 

Head of Tax & Professional Excellence Services (Symbols of High Quality Practical Tax, Levies & Corporate Training for Beginners to High Levels' Professionals) 

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