ISLAMABAD: The Federal Board of Revenue (FBR) Inland Revenue (IR) Intelligence and Investigation has arrested a suspect allegedly involved in selling bogus invoices to companies for claiming tax refunds causing losses to the FBR.
According to the details, Sheikh Qasim had obtained pre-arrest bail to avoid his arrest. However, the IR-Intelligence arrested him after cancellation of his bail by Special Court of Customs Taxation and Anti-Smuggling.
Officials Sources said that another accused, Javaid Iqbal, who had already been booked by officials, revealed during interrogation the name of Sheikh Qasim and his brothers.
They added that the accused is involved in Rs 10.89 million fraud and the department is trying to capture his other three brothers as well.
