LAHORE: The Federal Board of Revenue has frozen the bank account of a citizen Wilson Javed and recovered Rs266000 Income Tax.
The FBR has conducted a raid on the said tax defaulter, a resident of Bund Road Lahore. Wilson has not been submitting tax returns since 2011. The FBR has frozen his bank account at Faisal Town branch and recovered the said amount from there. The action was taken by Inspector Waqar Haider Shah and Muhammad Akram Haider.
Meanwhile, FBR has got all the record of a paint distribution company named MBI as it was found in a big tax evasion of Rs41million since two years.
According to sources of Customs Today, the Federal Board of Revenue had written a letter to the Lahore Development Authority, Excise and NADRA to provide the record of the company. The FBR has asked for all the vehicles’ record of the company. In a letter written to the LDA, FBR has asked for company’s property record in Lahore. The FBR had also asked all the banks to freeze all the bank accounts of the company.
Meanwhile in another action, FBR has attached the bank account of a citizen Farz Ali and also recovered Rs350000. His bank account at MCB Kareem Block was attached for this purpose. Farz Ali has also been an income tax defaulter.
