202017 Oct
FBR unearths tax evasion cases in Multan, Hyderabad
General News

ISLAMABAD: The Federal board of Revenue’s (FBR) directorates of intelligence & investigation in Hyderabad and Multan have unearthed three tax evasion cases wherein business entities were involved in either hiding their actual income or were not registered. According to an FBR press statement issued on Friday, the Hyderabad Directorate of Intelligence & Investigation (Inland Revenue) received credible information that a business entity manufacturing pulp, paper and paperboard had consumed electricity worth Rs74, 961,695 during the tax year 2019. Consequently, a team of the directorate, duly authorized, visited the premises of concerned business in SITE, Kotri, and examined the available data and records. Similarly, the Multan Directorate of Intelligence & Investigation raided a manufacturing unit, M/S Naqshband Foods, which was not registered with sales tax. During the search of the premises, the team found large cartons of cigarettes of different brands stored in the godowns for illegal sale.

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