LAHORE: The Federal Special Court of Customs Taxation and Anti-Smuggling has sent a suspect of income tax evasion to jail on judicial remand in a case of Rs 7.5 million tax evasion.
According to the details, Fazal Hussain was allegedly involved in sales tax and income tax evasion. The Federal Board of Revenue intelligence dug out that Fazal made huge bank transactions but he never paid a single penny to the national kitty.
After confirmation of the sources of his income and his bank transactions, the team of Inland Revenue, Lahore arrested him. Fazal Hussain was allegedly involved in tax evasion to the tune of Rs 7.5 million.
Inland Revenue investigation and prosecution team presented him before the court and asked for his further judicial remand.
Customs court after hearing both parties issued 14 days judicial remand of Fazal Hussain.
