Hotel Liberty Pvt Ltd short-paid Rs. 1207272, Marvel Hotel & Restaurant Pvt Ltd Rs 64948470 & Grace Hotel Pvt Ltd Rs. 320130
LAHORE: The Federal Board of Revenue (FBR) has detected short paid taxes of Rs 214 million allegedly by 14 companies. The companies were selected in a random tax balloting.
As per sources, the FBR Corporate Regional Tax Office Zone-6 has raised a demand of over Rs 214 million short-paid by the companies for the tax years 2015 and 2016.
The demand was created by the Corporate Regional Tax Office, it was informed. The FBR created demand against 14 companies, including M/s Pknic Pakistan Network Information Centre (Private) Limited that short-paid Rs 1,295,726, M/s Aaqoo Technologies (Private) Limited Rs 825,000, M/s Regler Engineering SMC (Private) Limited Rs 12,215,383, M/s Resourcing Partner (Private) Limited Rs 810,756, M/s Pakistan Mutual Insurance Company Rs 10,564,646, M/s Marvel Hotel & Restaurant (Private) Limited Rs 6,494,8470, M/s Excellence Delivered (EXD) (Private) Limited Rs 107,589,107, M/s Ferotek (Private) Limited, Refund Rs 8,770, M/s Fast Intelligent (Private) Limited, Rs 47,349, Hotel Liberty (Private) Limited Rs. 1,207,272, Aracon System (Private) Limited Rs 1,4014,600, Grace Hotel (Private) Limited, Rs 320,130, Mr COD Pakistan (Private) Limited Rs412,500 and MJLA Solutions (Private) Limited Rs24,417.
Talking to Customs Today Deputy Commissioner Umer Zeb Khan has said that his department is taking effective measures to detect tax evasion. He said that anyone who found involved in tax evasion will be dealt according to law.
Deputy Commissioner Umer Zeb said that Regional Tax Office Zone-6 adopted a comprehensive strategy to recover outstanding amount from defaulters.
He said that these cases have been sent for further action to the higher forum. The total tax liability which the companies failed to deposit to the national exchequer and the FBR afterward detected the discrepancies reached to Rs 214 million.
