Business
Man accused in Rs3bn tax fraud case granted bail against Rs100 surety bond
字号+ Author:Smart News Source:Sports 2025-01-12 02:00:50 I want to comment(0)
ISLAMABAD: A man accused of being involved in a Rs3.20 billion sales tax fraud case was granted bail by the Islamabad High Court (IHC) on Wednesday against the surety bond of just Rs100. The high court, in its ruling today, declared the department's criminal probe as an excess of authority. During the hearing, IHC Justice Babar Sattar also directed to send a copy of the court's order to Federal Bureau of Revenue's (FBR) Chairman Rashid Mahmood Langrial. According to the verdict, the manager of a bank was arrested for helping in opening account at power company branch. It said that the state did not provide any material regarding the petitioner's involvement in the tax fraud crime. The court also said that the tax department did not determine the tax due on the taxpayer as per the law. Moreover, the verdict said that the tax department arrested the petitioner in violation of the Lahore High Court's verdict. The tax department initiated criminal proceedings despite being aware of the LHC's verdict, said the IHC, adding that the FBR chairman should distribute the copies of the LHC and IHC's judgments to the tax officers. The court said in case of violation, the tax collection authority and the tax officers will face action for misuse of powers. The IHC further remarked that the legal and police powers delegated to public officials should be exercised in accordance with the law.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Right to education
2025-01-12 01:54
-
Meghan Markle's make or break Netflix series stirring buzz and debate
2025-01-12 01:07
-
Jennifer Aniston gives crucial advice to Selena Gomez ahead of wedding vows
2025-01-12 00:44
-
James Gunn addresses 'future' of his 'favourite' DC hero
2025-01-12 00:07
User Reviews
Recommended Reads
Hot Information
- Which countries will ring in New Year 2025 first and last?
- Ariana Grande reveals Adam Sandler movie that always makes her cry
- King Charles receives surprising news about health amid predictions
- Bruce Springsteen approves of Jeremy Allen White's singing in biopic
- Djokovic claims he was 'poisoned' in Melbourne
- Britney Spears advocates for more respect for moms in major 'reunion' update
- Florence Pugh breaks down head shaving scene from 'We Live in Time'
- King Charles makes big decision ahead of milestone: ‘Fit for the future’
- Jim Carrey sets new record as he beats Christian Bale, Paul Rudd at Global Box Office
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content