ISLAMABAD: Federal Board of Revenue (FBR) on has constituted three zones at major cities for initiating cases in Benami transactions across the country.
According to the details, a notification issued by Inland Revenue Operations Wing, FBR, the three zones have been notified at Islamabad, Lahore and Karachi empowering commissioners and deputy/assistant commissioners to initiate cases in Benami transactions.
The FBR authorized commissioner Inland Revenue (Benami Zone-I) Islamabad as approving authority within the jurisdiction of province of Khyber Pakhtunkhwa and Islamabad Capital Territory.
Commissioner Inland Revenue (Benami Zone-II) Lahore has been empowered to approve cases within the jurisdiction of province of Punjab.
Meanwhile, Commissioner Inland Revenue (Benami Zone-III) Karachi has been empowered to approve cases in the provinces of Sindh and Balochistan.
The FBR empowered deputy commissioners of the three zones as initiating officers under Section 2(1)(3) of Benami Transactions (Prohibition) Act, 2017.
Further, the revenue body empowered assistant commissioners of the zones as administrator in terms of Section 2(1)(2) of Benami Transactions (Prohibition) Act, 2017 in their respective jurisdictions.
