20/08/2026
This judgment of the Federal Constitutional Court of Pakistan addresses the adjustability of Super Tax against tax credits under the Income Tax Ordinance, 2001 (ITO).
Whether income tax in general, and Super Tax under Section 4C of the ITO in particular, is adjustable where a tax credit exists under Section 168 of the ITO.
The petitions were converted into appeals and allowed. The judgment of the Islamabad High Court was set aside, and it was declared that the petitioner is at liberty to seek adjustment of Super Tax against available tax credits before the competent tax authority, which must determine the quantum/claim in accordance with the law.
