SC for disposing of Tk600cr tax claim from Grameen Kalyan
The Appellate Division of the Supreme Court (SC) today ordered High Court to dispose of a writ petition filed regarding National Board of Revenue's (NBR) claim of more than Tk600 crore as income tax for seven tax years from Grameen Kalyan, a nonprofit social business company founded by Nobel Laureate Dr Muhammad Yunus.
A five-member apex court bench headed by Chief Justice Obaidul Hassan passed the order after holding a hearing on a civil petition filed in this regard.
Senior advocate Fida M Kamal and Sardar Jinnat Ali defended Grameen Kalyan before the court, while Attorney General AM Amin Uddin stood for the state.
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Earlier on 7 March, the High Court scrapped seven income tax references filed by Grameen Kalyan, upholding NBR's claim to Tk119 crore in income tax from the company.
