Sports
Man accused in Rs3bn tax fraud case granted bail against Rs100 surety bond
字号+ Author:Smart News Source:US 2025-01-13 13:38:19 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
-
Israeli strikes hit south Beirut
2025-01-13 12:38
-
Paris Hilton's heartfelt gesture after losing Malibu home to LA fires
2025-01-13 12:36
-
Court hands life sentence to woman for electrocuting husband
2025-01-13 11:18
-
Timothée Chalamet to pull double duty on 'SNL'
2025-01-13 11:13
User Reviews
Recommended Reads
Hot Information
- Heavy snowfall disrupts life in Gilgit-Baltistan
- Remittances soar 29.3% to $3.1bn in December
- ICC team inspects Rawalpindi Cricket Stadium ahead of Champions Trophy
- Prince William receives new surprising title amid feud with Harry
- Nawaz rues past mistakes that cost the country dearly
- EU monitor says 1.5°C warming limit crossed in last two years
- Pakistan name squad for West Indies Test with seven changes
- King Charles won't turn back on Prince Andrew
- Rouch Power okays early termination of pact
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content