The Appellate Division’s chamber judge Justice Mirza Hussain Haider gave the order on Wednesday after hearing a petition by the State. On Monday, the High Court ruled that the two government circulars imposing 15% income tax on private universities, medical and dental colleges, engineering colleges and institutions offering IT education were illegal. The decision by the HC bench of Justice Sheikh Hassan Arif and Justice Bhishmadev Chakrabortty came after hearing 46 petitions filed by several private universities. The court also ordered that the revenue raised through the circulars be reimbursed. More on this story15% income tax on private varsities illegal: HC7.5% VAT on private university tuition fees withdrawnSupreme Court stays High Court order over VAT on English medium schools

Source: bd News24 September 07, 2016 10:52 UTC