FAISALABAD: The Directorate of Investigation and Intelligence, Inland Revenue Faisalabad has sealed Shehzad Aalam Furniture Showroom as its owner was not paying sales taxes despite having taxable income.
As per details, Director IR-Intelligence, Shiekh Muhammad Azam, issued instructions to a team comprising Deputy Director-II Bilal Hassan, Umer Younas Bhatti, IR Auditor Qaiser Naeem, Shahid Iqbal and Inspector Talat Mehmood to take stern action against the said company involved in sales tax evasion
The intelligence team raided the showroom and took all the record in the custody, besides sealing the showroom following the tax laws.
During investigation, official found that as many as 37 bank accounts were being operated by the company to make transaction. It was also found that total turnover of the said showroom is over Rs 5 million but it was not registered with the department and evading the sales tax deceitfully.
Officials informed that further investigation is underway in this regard.
