Court Correspondent :
The High Court on Thursday started rehearing on two separate writ petitions that challenged National Board of Revenue (NBR) orders over reassessment of about Tk 600 crore as income tax from Grameen Kalyan for different tax years.
Grameen Kalyan is a non-profitable and charitable organization founded by Nobel Laureate Professor Dr Muhammad Yunus.
The bench consisting of Justice Muhammad Khurshid Alam Sarkar and Justice SM Maniruzzaman adjourned the hearing and set July 16 and 25 for further hearing.
During the hearing, Grameen Kalyan’s lawyer Sarder Jinnat Ali told the apex court that the NBR orders for reassessment of income tax from Grameen Kalyan is illegal as the organization has earlier paid the relevant taxes time to time.
The lawyer also said that he will submit some documents to the court in support of his arguments.
Then, the court said the matter will come to the court on May 20 for an order.
Assistant Attorney General Tahmina Poly, who represented the state, told the media the High Court bench has begun rehearing on Grameen Kalyan’s writ petitions following an order from the Appellate Division of the Supreme Court.
Last year, a High Court bench led by Justice Muhammad Khurshid Alam Sarkar disposed of the two writ petitions filed by Grameen Kalyan in 2017 and allowed it to move appeal before the appellate authority of the NBR challenging its reassessment of the Income tax from 2011-12 to 2016-17 tax years.