{
  "id": 529001,
  "title": "Retrospective tax penalties are ‘unlawful’: Supreme Court",
  "url": "https://urgent.news/2026/08/11/retrospective-tax-penalties-are-unlawful-supreme-court-529001",
  "topic": "culture",
  "section": "Culture",
  "published": "2026-08-11T02:30:32.000Z",
  "source": {
    "name": "Dawn",
    "slug": "dawn",
    "url": "https://www.dawn.com/news/2022052/retrospective-tax-penalties-are-unlawful-supreme-court"
  },
  "original_language": "en",
  "account": "The Supreme Court has declared penalties under the Income Tax Ordinance (ITO) 2001 to be unlawful and legally unsustainable, as they cannot be applied retrospectively. This decision settled a dispute between two previous rulings from 2009 and 2016. The court ruled that penalties imposed under Sections 182, 184, and 186 of the ITO 2001 were not lawful because there was no clear legislative language expressly granting retrospective effect to the provisions of the ITO 2001. The penalties would only apply prospectively to the tax year in which the amendment was introduced, according to the court. The ruling has significant implications for taxpayers who received penalties under the aforementioned sections for assessments governed by the repealed ITO 1979.",
  "summary": "• Says sanctions under ITO 2001 cannot apply to assessments governed by repealed law • Settles conflict between two previous rulings ISLAMABAD: The Supreme Court on Monday ruled that penalties imposed under the Income Tax Ordinance (ITO) 2001 for assessments completed before June 30, 2002 were illegal and legally unsustainable, emphasising that such penalties could not be applied retrospectively.…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "Dawn Business",
        "title": "Retrospective tax penalties are ‘unlawful’: Supreme Court",
        "url": "https://urgent.news/2026/08/11/retrospective-tax-penalties-are-unlawful-supreme-court",
        "published": "2026-08-11T02:30:32.000Z"
      },
      {
        "outlet": "Euronews",
        "title": "Russia's Supreme Court bars anti-war party Yabloko from parliamentary elections",
        "url": "https://urgent.news/2026/08/11/russias-supreme-court-bars-anti-war-party-yabloko-from-parliamentary",
        "published": "2026-08-11T05:05:21.000Z"
      },
      {
        "outlet": "The Hindu",
        "title": "Supreme Court notice to Centre, CBI on CJP’s activities, monetisation of judges’ remarks in court",
        "url": "https://urgent.news/2026/08/11/supreme-court-notice-to-centre-cbi-on-cjps-activities-monetisation-of",
        "published": "2026-08-11T07:03:44.000Z"
      },
      {
        "outlet": "Yonhap News",
        "title": "Supreme Court orders Samsung Securities to pay damages to NPS over 2018 dividend error",
        "url": "https://urgent.news/2026/08/12/supreme-court-orders-samsung-securities-to-pay-damages-to-nps-over-623688",
        "published": "2026-08-12T01:36:53.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Supreme Court orders Samsung Securities to pay damages to NPS over 2018 dividend error",
        "url": "https://urgent.news/2026/08/12/supreme-court-orders-samsung-securities-to-pay-damages-to-nps-over",
        "published": "2026-08-12T02:27:03.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}