LAHORE: The Broadening of Tax Base (BTB) Lahore is going to issue 2,700 notices on potential taxpayers by October asking them to pay taxes or file replies within 40 to 45 days.
These potential taxpayers were earlier served notices but they had not replied the notices till now.
Sources in FBR told Customs Today that the BTB issued 3,900 notices to the potential taxpayers of which 1,200 taxpayers replied the department, however, responses upon remaining 2,700 notices has not been filed.
“The BTB has served the notice to those potential taxpayers who have conducted heavy bank withdrawals, purchased properties and cars etc in order to bring them into the tax net under the FBR’s tax base broadening drive,” they said, adding that if any potential taxpayer violated the orders he may be arrested or his immovable and movable properties be confiscated under section 130, 139 and 140.
“In order to seize property of the potential taxpayers or arrest them the FBR will get help of DOR, ADC and Board of Revenue,” the sources explained.
It is important to mention here that, Lahore BTB issued 18,000 notices to the potential taxpayers who have not been filing their returns evading huge taxes in August too and was created total tax demand of Rs 2 billion out of which Rs 400 million come under minus account that time.
