Tax
The team at Tola Associates fields a mix of lawyers and chartered accountants and advises on a broad spread of local tax and international tax matters. Under the joint leadership of Muhammad Amayed Ashfaq Tola and Muhammad Asad Ashfaq Tola, the department frequently represents clients on numerous contentious issues. In particular, the group regularly advises on challenges to the legality of legislation in the High Courts of Pakistan.
Testimonials
Collated independently by Legal 500 research team.
‘Responsiveness and they command high respect with the regulators and often regulators ask them for advice.’
‘Tola Associates’ Tax practice is distinguished by its comprehensive expertise and innovative approach. What sets this practice apart is its deep understanding of complex tax regulations and its ability to navigate intricate tax issues efficiently.'
Key clients
- Din Textile Mills Limited
- Din Energy Limited
Work highlights
- Successfully appeared on behalf of Galadari Cement Gulf Limited before the Hon'ble Appellate Tribunal Inland Revenue in a case.
- Appeared before the Hon'ble High Court of Islamabad for several clients to challenge the constitutional vires of Section 4C of the Income Tax Ordinance, 2001 (also known as the 'super tax').