Tax On Pvt Varsities
HC asks govt to explain, stays NBR notice to NSU
The High Court (HC) yesterday issued a rule upon the government to explain within two weeks why its decision to impose 15 percent tax on the incomes of private universities, medical and dental colleges and engineering universities should not be declared illegal.
An HC bench also stayed for two months a notice issued by the National Board of Revenue (NBR) asking North South University (NSU) to pay 15 percent tax in advance on its annual income.
The bench of Justice Md Ashfaqul Islam and SM Emdadul Hoque came up with the rule and order following a writ petition jointly filed by the NSU, and Golam Jalil, guardian of a student of this university, challenging the government decision.
Secretary to the ministry of finance, and NBR chairman and its deputy commissioner (tax) have been made respondents to the rule and order.
The finance ministry on July 5 this year issued a gazette notification imposing 15 percent tax on annual incomes of all the private universities, medical and dental colleges and engineering universities.
The deputy commissioner (tax) on September 2 this year issued the notice to the NSU authorities to pay 15 percent tax in advance on its annual income for 2011-2012. This notice was also challenged in the writ petition.
Barrister M Shakhawat Hossain appeared for the petitioners.
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