Lahore: The Lahore High Court (LHC) has issued an order to suspend the luxury tax notices sent to various property owners, reports a new source. The court has also instructed the Excise and Taxation Department to consider the stance of the property owners and decide accordingly.
The court was told by the petitioners that they have paid all due taxes for their property, after which luxury taxes do not remain applicable according to the Finance Act 2014.
