LAHORE: Federal Board of Revenue (FBR) Regional Tax office-II (RTO) has suspended the sales tax registration of Samad Sons Private Limited Company on charges of tax evasion and irregularities.
Sources said that RTO-II Lahore was observing the production of the company, electricity bills and stock through its intelligence team. RTO-II found that Samad Sons Private Limited Company was evading tax by filing the wrong statements to the FBR.
Samad Sons Private Limited Company manufactures different things including life jackets, commercial boots, labor shoes etc.
FBR Regional Tax office-II is also monitoring many companies which are allegedly involved in irregularities in term of sales tax and other taxes. The official of RTO-II especially assessing the electricity bills of various companies because assessment of the production can monitor easily through the electricity bills.
