LAHORE: The Special Federal Court of Customs Taxation and Anti-Smuggling will hear a case of an accused Manzoor Ahmad arrested on the charge of tax evasion.
Sources told Customs Today that accused Manzoor Ahmad owns a textile factory on Raiwind Road. He was allegedly involved in the tax evasion by submitting fake returns and other statements to the FBR.
On the 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 and produced him before the court of ChaudaryAmeer Muhammad Khan for physical remand. On request, customs court approved his physical remand for three days and handed him over to investigation team for further investigation. The customs court also granted him a bail.
Accused has allegedly evaded Rs80million sales tax from 2013 to 2014.
