SuperNews 21-7-2026 (Tax on Co Dividend & Input Adj on Construction Material – FTO Orders – Tax Exemptions – FIA Powers – FATA-PATA – Provisional Release – Intl)

The following topics can be found in their own Tax Law posts:

1.      SC Judgment [CPs 5257 to 5265] AFR 3-7-2026 CIR Vs IHC ITR 85-15 – Secs 5, 8, 39, 169 ITO – Chargeability of Dividend Income – 2022 SCMR 426 – Dismissed

2.      FTO Order [10110 -26] 16-7-2026 – Claim of Refund – WHT u-Secs 235 & 236 – Directions Issued

3.      FTO Order [09721 -26] 8-7-2026 Claim of Refund – WHT u-Sec 235 – FIFO based Disposal – Directions Issued

4.      FBR Notification dt 16-7-2026 Jurisdiction – RTO ISB

5.      FBR Notification dt 16-7-2026 Jurisdiction – RTO RWP

The following topics are included in the given attachment:

6.      SC DISMISSES FBR APPEALS; UPHOLDS 10% FINAL TAX ON COMPANY DIVIDENDS

7.      SC UPHOLDS REVENUE DEPT STANCE ON INPUT TAX ADJUSTMENT ON CONSTRUCTION MATERIAL

8.      FBR CANNOT HIDE BEHIND SOFTWARE LIMITATIONS: FEDERAL TAX OMBUDSMAN

9.      FBR CANNOT USE TECHNICAL LIMITATIONS OF IRIS SOFTWARE AS EXCUSE: FTO

10.   SENATE PANEL REVIEWS TAX EXEMPTIONS, BORDER SECURITY

11.   SENATE PANEL DIRECTS FBR, FIA TO RECOVER EVADED TAXES

12.   REPRESENTATION WITHOUT TAXATION: BR EDITORIAL

13.   SCCI, UBG OPPOSE IMPOSITION OF TAXES ON EX-FATA, PATA REGION

14.   SHC ALLOWS PROVISIONAL RELEASE OF GOODS AFTER SECURING DISPUTED AMOUNT OF DUTY, TAXES

15.   FBR NOTIFIES JURISDICTION OF CCIR AT CTO-II KARACHI: TAX AUTHORITY ASSIGNS POWERS TO CHIEF COMMISSIONER AND SIX COMMISSIONERS FOLLOWING THE REDESIGNATION OF MTO KARACHI AS CTO-II

16.   FBR ABOLISHES CTO ISLAMABAD, RENAMES MTO KARACHI AS CTO-II – TAX AUTHORITY RESTRUCTURES INLAND REVENUE FIELD FORMATIONS BY ESTABLISHING RTO-II LAHORE AND REORGANISING CORPORATE TAX ADMINISTRATION

17.   US IMPOSES NEW 50PC TARIFFS ON $20BN WORTH OF CANADIAN PRODUCTS

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