LAHORE: The Special Federal Court of Customs Taxation and Anti-Smuggling has approved physical remand of an alleged tax evader and handed him over to the investigation team.
Sources told Customs Today that a suspect, Manzoor Ahmad, has been charged for tax evasion. Manzoor Ahmad has a textile factory on Raiwand road.
Sources told that he was allegedly involved in tax evasion by submitting fake returns and other statements before the FBR.
On intelligence information Inland Revenue department registered a case against him under Pakistan sales tax act and started investigations. After collecting proofs against the accused, Inland Revenue arrested him and presented him before the court of Chaudary Ameer Muhammad Khan for physical remand. On request customs court approved his physical remand of 3 days and handed over him to investigation team for further investigations.
Accused has allegedly evaded Rs 80 million in the wake of sales tax from 2013 to 2014 in one year.
