Sports
Man accused in Rs3bn tax fraud case granted bail against Rs100 surety bond
字号+ Author:Smart News Source:US 2025-01-12 03:43:30 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
-
PSX hits 100,000 milestone for the first time
2025-01-12 03:16
-
Nominations sought for low-income employees under 'Hajj Labour Quota'
2025-01-12 02:38
-
Nominations sought for low-income employees under 'Hajj Labour Quota'
2025-01-12 01:26
-
‘Say no to aerial firing’: Aseefa urges revellers to celebrate New Year ‘responsibly’
2025-01-12 01:05
User Reviews
Recommended Reads
Hot Information
- 'No restrictions on work visas for Pakistanis travelling to UAE'
- 'Uraan Pakistan': PM Shehbaz links economic prosperity to 'political harmony'
- President, PM express hope for united, prosperous Pakistan in 2025
- 'Intoxicated' DIG's son wounds woman in car accident
- World Central Kitchen halts distribution of meals in Gaza after workers killed in Israeli strikes
- 'Uraan Pakistan': PM Shehbaz links economic prosperity to 'political harmony'
- Prolonged road closures deepen Karachiites misery on day nine of MWM protests
- ‘Say no to aerial firing’: Aseefa urges revellers to celebrate New Year ‘responsibly’
- Even a short walk can do wonders, shows research
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content