LAHORE: Special Court of Customs Taxation and Anti-Smuggling has rejected the bail plea of suspect, Fazal Hussain, who is on a three days physical remand in a income tax evasion case.
According to the details, accused Fazal Hussain was allegedly involved in evasion sales tax and income tax. Federal Board of Revenue intelligence dig out that Fazal made huge bank transactions but he never paid a single penny to the national kitty.
After confirmation of the sources of his income and his bank transactions, the team of Inland Revenue, Lahore arrested him. Fazal Hussain was allegedly involved in tax evasion to the tune of Rs 7.5 million.
On Monday, IR team had presented him before the court and asked for physical remand for further interrogation. Customs court after hearing both parties issued three days physical remand of Fazal Hussain and handed over him to investigation team.
