The High Court on Thursday upheld the National Board of Revenue’s (NBR) claim of Tk 119 crore income tax from Grameen Kalyan, a nonprofit organisation founded by Nobel Laureate Dr Muhammad Yunus, reports UNB.
The HC bench of Justice Muhammad Khurshid Alam Sarkar and Justice Sardar Md Rashed Jahangir passed the order after hearing seven income tax reference applications filed by Grameen Kalyan challenging the legality of the claims made by the NBR.
Lawyer Sardar Jinnat Ali stood for Grameen Kalyan in the court while Attorney General AM Amin Uddin and Assistant Attorney General Tahmina Poli represented the state.
Attorney General AM Amin Uddin said Grameen Kalyan had already paid Tk436 crore of the Tk555 crore claimed by the NBR. Now it has to pay the remaining Tk119 crore, he added.
Sardar Jinnat Ali, the lawyer of Grameen Kalyan said, "A decision will be taken on whether to appeal against the judgment of the High Court or not, subject to discussion with the management authorities of Grameen Kalyan."
