ISLAMABAD: Public Accounts Committee (PAC) Chairman Syed Khursheed Ahmed Shah has directed Federal Board of Revenue (FBR) to resolve its matters in Departmental Accounts Committee (DAC).
The committee meeting held here to review the audit objections related to financial affairs of the FBR. The committee members raised their reservations on supplementary grant for the FBR.
FBR Chairman Nisar Muhammad Khan briefed the committee that the Board did not have any post of Chief Financial Officer (CFO).
On the occasion, Member National Assembly Rasheed Godail said that the FBR has powers to collect funds but the same should be spent under certain mechanism and procedure.
The committee asked the FBR to submit details of cases in which the fee worth Rs one million or more was paid to the legal counsels.
“Counsel should be hired according to the nature of the cases,” the PAC chairman directed. He said if audit paras worth Rs 400 billion are pending in courts its mark up should be around Rs 24 billion. He directed to check the importance of the issue.
The FBR chairman informed the meeting that he did not have authority to appoint a counsel for more than Rs one million fee. He claimed repeatedly that audit officials did not accept their point of view while the members of the committee raised objections on FBR and audit officials for not completing the paras official procedures.