Justice Jamal Khan Mandokhail of the Supreme Court questioned whether the National Assembly has constitutional authority to impose taxes beyond a financial year. A five-member constitutional bench, led by Justice Aminuddin Khan, was hearing petitions against the amended Section 4C of the Income Tax Ordinance, 2001, for tax year 2023.
The Federal Board of Revenue’s counsel, Hafiz Ehsaan Ahmad Khokhar, argued that the issue was not about competence, stressing that under Article 77, parliament has exclusive authority to levy taxes. He defended the super tax imposed through Finance Acts of 2015 and 2022 as a lawful exercise of fiscal power.
From : Pro Pakistani