LAHORE: The Special Federal Court of Customs Taxation and Anti-Smuggling will hear the case of an accused Manzoor Ahmad today who was arrested in charges of tax evasion.
Sources told Customs Today that a suspect, Manzoor Ahmad was charged for tax evasion. Manzoor Ahmad is owner of a textile factory located on Raiwind Road. He was allegedly involved in tax evasion by submitting fake returns and other statements to FBR.
On intelligence information, Inland Revenue department registered a case against him under Pakistan Sales Tax Act and started investigation.
After collecting proofs against the accused, Inland Revenue arrested him and produced him before the court of Chaudhary Ameer Muhammad Khan for physical remand.
On request customs court approved his physical remand for three days and handed over him to investigation team for further investigation. Customs Court granted him bail as well.
Accused has allegedly evaded Rs80 million in the wake of sales tax from 2013 to 2014 in one year.
