LAHORE: The Federal Board of Revenue (FBR) has attached the accounts of the Safe City Authority and has recovered Rs 3.1 million in the wake of income tax.
According to sources of Customs Today Federal Board of Revenue (FBR) has taken this action against Safe City Authority after freezing their bank account in Bank of Punjab Gulberg Branch.
FBR has been taking strict action against defaulters these days. During an operation it has frozen the accounts of M/s Newtech Private Ltd where ambulances and other high tech equipments are manufactured.
The company was nominated in the list of income tax defaulters for not paying outstanding tax amount. FBR has also recovered an amount of Rs50 lakh during this process.
Meanwhile in another action day FBR has attached bank account of a citizen Farzand Ali and has also recovered Rs 350,000. His bank account was operational in MCB Kareem block was attached for this purpose. Farzand Ali was also income tax defaulter and he was not paying any tax to the national kitty even he was earning in millions.
Inspector Waqar Haider and Muhammad Akram Haider conducted this action against Farzand Ali. Sources said that he has different kinds of businesses but he was not even registered for income tax.
