LAHORE: The Federal Board of Revenue (FBR) freezes bank accounts of former Punjab Governor Salmaan Taseer’s company due to evasion of excise duty.
According to sources, Al Barka Properties, which is owned by Salaman Taseer’s family, was involved in evasion of excise duty. The Regional Tax Office-I Lahore has sent many notices to Al Barka Properties to clear their pending amounts but the company did not pay attention and not even replied to any notice.
Now the RTO has freezed the bank accounts of Al Barka Properties at Allied Bank Fortress Stadium and NIB Bank Main Boulevard Gulberg and recovered Rs 6.1 million from accounts. The company is a defaulter of excise duty amounting to Rs 6.8 million.
A team under the supervision of Deputy Commissioner Khawar Sadique took action against Al Barka Properties. He said that pending default amount will be recovered soon from Al Barka Properties and FBR will take stern action against defaulters of any kind of taxes.
