ISLAMABAD: Federal Board of Revenue (FBR) clarified that tax waiver was not granted by government to PCB Chairman Najam Sethi.
An FBR statement said: “It has been clarified that income tax amounting to Rs10,625,133 was imposed on Najam Sethi for the tax year 2009. On an appeal filed by the taxpayer, Commissioner (Appeals) Lahore cancelled the order creating the tax demand. However, the Income Tax Department Lahore has assailed the order of the Commissioner Appeals by filing an appeal before the Appellate Tribunal Inland Revenue for restoration of the tax imposed.”
