Business
Man accused in Rs3bn tax fraud case granted bail against Rs100 surety bond
字号+ Author:Smart News Source:Sports 2025-01-11 01:31:04 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
-
Australia drop Marsh, hand Webster debut for fifth India Test
2025-01-11 01:27
-
Mark Wahlberg shares funny head shave video from ‘Flight Risk’ set
2025-01-11 01:20
-
Florence Pugh breaks down head shaving scene from 'We Live in Time'
2025-01-10 23:38
-
King Charles, Prince Harry's reunion: Archie, Lilibet UK visit details revealed
2025-01-10 22:48
User Reviews
Recommended Reads
Hot Information
- PSB reforms likely to face backlash from POA, affiliated federations
- Liam Payne death case gets major update as police arrests key suspect
- Nicole Kidman tearfully dedicates new honour to late mother: Watch
- Mark Wahlberg shares funny head shave video from ‘Flight Risk’ set
- After historic ODI victory, Pakistan set for South Africa Tests challenge
- Blake Lively, Ryan Reynolds ditch Golden Globes amid Justin Baldoni legal drama
- Timothée Chalamet hopes to collaborate with Denis Villeneuve for years to come
- Blake Lively, Justin Baldoni drama continues in 'It Starts With Us'
- عُرآن پاکستان: وزیراعظم شہباز نے اقتصادی خوشحالی کو سیاسی ہم آہنگی سے جوڑا
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content