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Home Breaking News

Tampering of tax record: FBR refutes allegations

byCT Report
18/11/2016
in Breaking News, Islamabad, Latest News
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ISLAMABAD: Federal Board of Revenue (FBR) has refuted ‘groundless’ allegations levelled by a senior politician regarding tampering of tax record of certain individuals, whose names have appeared in Panama leaks.

According to the statement, the FBR considers the tax record of all taxpayers as a sacred trust and under section 216 of Income Tax Ordinance, 2001, disclosure of the information contained in the tax record is prohibited.

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FBR has fool-proof automated processes for record maintenance and updation. No individual can alter, edit or modify the record except as provided under the law and standard operating procedures. Record is stored in secure database and any access to the same is automatically recorded by the system. There is thus no question of tampering with the record in any manner whatsoever.

The allegations are totally false and baseless and constitute an attempt to bring to disrepute a responsible national institution. “FBR expects that, while issuing such statements, our political leaders would refrain from unnecessarily implicating non-partisan organisations in political disputes,” the statement said. It would be in best national interest if such allegations are retracted and FBR is allowed to continue performing its functions and duties, it added.

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