LAHORE: The Federal Board of Revenue (FBR) seems to be in action nowadays as its staff has conducted various operations against tax defaulters and detained a few of them while issued notices to contractors as well.
Sources told Customs Today that the FBR has recovered Rs 275,000 from Naeem Jewelers, which was defaulter of income tax since 2013.
On the other hand, the FBR has issued income tax notices to several contractors, construction companies and consultants as well. The FBR has issued notices to housing societies too in regard of income tax of the current year. Notices have been issued to Hamza Residencia, Star Residences, Sheranwala Heights Housing Scheme, Icon Valley Housing Society, Square Housing Society, Rehman Gardens, Bismillah Developers and Liberty Consulting.
It is also necessary to mention here that the FBR expedited its efforts to recover outstanding tax amount from tax defaulters as current Fiscal Year is going to expire soon.
