Sports
Man accused in Rs3bn tax fraud case granted bail against Rs100 surety bond
字号+ Author:Smart News Source:US 2025-01-13 14:47:27 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;
![](https://news123.cc/template/gspider/lvse/skin/html/images/symbol-23.png)
-
RCCI organises Belgian business contact day, catalogue exhibition
2025-01-13 14:01
-
Anti-polio drive begins in Balochistan today
2025-01-13 13:55
-
Pakistan's polio toll rises to 55 with three new cases reported
2025-01-13 13:11
-
British law to phase out smoking clears first hurdle
2025-01-13 12:47
![](https://news123.cc/template/gspider/lvse/skin/html/images/symbol-23.png)
![](https://news123.cc/template/gspider/lvse/skin/html/images/symbol-3.png)
![](https://news123.cc/template/gspider/lvse/skin/html/images/symbol-13.png)
- Enmity claims two lives in Swabi
- Govt kicks off last polio campaign of 2024 amid surge in cases
- Pakistan's polio tally hits 52
- British lawmakers give initial support to assisted dying bill
- Yunus terms fight for climate money humiliating
- US top court rejects appeal against graphic anti-smoking images
- Pakistan's polio cases hit half-century mark in 2024
- Diet quality directly impacts chronic pain levels: study
- Call for avoiding ‘language chauvinism’
![](https://news123.cc/template/gspider/lvse/skin/html/images/symbol-5.png)
Follow our WhatasApp account to stay updated with the latest exciting content