LAHORE: The Special Federal Court of Customs Taxation and Anti-Smuggling approved a 14-day judicial remand of an accused involved in mega tax evasion scam in Lahore.
Managing Director of a Pakistan’s leading electronic manufacturing company was arrested by the Inland Revenue Department Lahore. He was allegedly involved in a huge amount of tax evasion. The total amount of the tax evasion is Rs04billion which is one of the largest tax evasion cases of Lahore.
Investigation team of the FBR presented the accused before the court of a special judge Masood Arshad and asked for physical remand to dig out more characters behind the mega tax evasion scandal.
On request, customs court approved a two-day physical remand of accused Mian Talat Mehmood, MD of Orient Group. Now he was produced before the court again after completion of physical remand and remanded to jail.
The Inland Revenue Lahore had registered a case against the accused on alleged tax evasion and fraud.
