KARACHI: The Directorate of Intelligence and Investigation-Inland Revenue has made a remarkable progress by recovering Rs 63 million directly from the tax evaders during the first eight months (July-February) of fiscal year 2015-16.
Sources said that the Karachi IR Intelligence remained active during the ongoing fiscal year, as the authority carried out total 33 searches and arrested 24 tax evaders while the directorate arrested only five offenders during the corresponding period of financial year 2014-15.
The sources informed Custom Today that total 13 contravention reports were sent to the alleged tax evaders during the said period in which revenue worth Rs 582 million was involved, while the 147 contravention reports were sent involving Rs 11 billion during the same period of FY15.
Similarly, the IR Intelligence developed 89 investigation reports having Rs 364 million of revenue involved in the cases during the July-February of FY16 period, while 39 investigation reports were made involving Rs 2.4 billion during the same period of FY15.
The sources further informed that the Karachi IR Intelligence detected 51 high-level cases during the said period as compared to 12 cases in the corresponding period of FY15.
Presently, total 159 cases and inquiries were under progress by the end of February 2016, sources concluded.
