KARACHI: The Inland Revenue (IR) of the Federal Board of Revenue (FBR) has served a notice on the accounts department of the University of Karachi after a host of faculty members did not file their tax returns in 2016.
The commissioner Inland Revenue (IR) Zone-V (WHZ), RTO-III, Karachi, has served the notice on Chief Accountant Qamar Iqbal Khan of the university. According to the notice, despite drawing salaries of more than Rs 1 million annually, several professors as well as teachers did not file their tax returns for the year 2016. The notice seeks the faculty members to file their tax return until May 29 otherwise they will not be able to avail the benefits of the filers.
The sources in the Inland Revenue (IR) informed Customs Today that, it has also been noted that professors and teachers of University of Karachi have been withdrawing their salaries by open cheques, including the former registrar of the Karachi University.
It is pertinent to mention here that Inland Revenue (IR) notice to the Chief Accountant Qamar Iqbal Khan of the University of Karachi has been served with reference under section 218(1)(b) of the Income Tax Ordinance 2001.
