Travel
Man accused in Rs3bn tax fraud case granted bail against Rs100 surety bond
字号+ Author:Smart News Source:Business 2025-01-06 08:47:02 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
-
IT minister Shaza Fatima reacts to slow internet speed
2025-01-06 08:04
-
Meghan Markle achieves first milestone after bombshell move
2025-01-06 07:23
-
May 9 riots: 19 convicts pardoned after appealing for mercy, says ISPR
2025-01-06 07:15
-
Kylie Kelce opens up about painful but necessary choice in 2025
2025-01-06 06:23
User Reviews
Recommended Reads
Hot Information
- KP govt resolves to arrest all involved in Bagan attack
- South Korea's police raid Jeju Air, airport over fatal crash
- ATC suspends arrest warrants for KP CM Gandapur
- Katy Perry, Orlando Bloom ring in 2025 with new fitness goals
- کے پی حکومت نے باغن حملے میں ملوث تمام افراد کی گرفتاری کا فیصلہ کیا ہے۔
- Meghan Markle’s Instagram sparks ‘cash grab’ claims
- Jennifer Lopez believes she hasn't done her 'best movie' yet
- Internet disruption likely in Pakistan as submarine cable develops faults
- Kashmiris worldwide commemorating Right to Self-Determination Day
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content