C.I.T./Wealth Tax And Others vs M/S. Fawad Textile Mills And Others

This matter arises from petitions filed by the Commissioner of Income Tax and Wealth Tax against M/s. Fawad Textile Mills and others before the Supreme Court of Pakistan. The core legal question involved the subsisting nature of the controversy raised in the petitions. Upon hearing the learned counsel for the petitioners, the Court noted that the issue in dispute was no longer alive. Consequently, the Supreme Court dismissed the petitions as having become infructuous. The key principle laid down is that when the underlying issues in a petition cease to exist or are no longer alive, the court will dismiss the proceedings accordingly.