FBR unable to collect income tax of Rs 88 billion due to pending cases

FBR unable to collect income tax of Rs 88 billion due to pending cases

Islamabad: Federal Board of Revenue (FBR) is unable to collect Rs 87 billion 42 crore from taxpayers due to judicial cases related to income tax collection.

The audit report presented at the meeting of the Public Accounts Committee (PAC) states that a large amount of money has been trapped as taxpayers challenge customs, excise and sales tax tribunals, income tax claims in the High Courts and the Supreme Court. Have done

FBR Supervisor Chairperson Nushin Javed Amjad told PAC that the bureau could not Recover the money because 96 cases against the claims were pending and few cases were pending in the High Courts from 2011 and 2012.

He said that the FBR has taken up the matter before the Chief Justice of Sindh, Lahore and Islamabad High Courts and requested them to set up a special bench on tax-related matters to expedite the cases.

On this, PAC Chairman Rana Tanveer Hussain said that the speedy collection of taxes would reduce the huge tax burden.

During the meeting, the legal advisor of the FBR informed the PAC that 65 income tax-related cases are being heard in tribunals, 27 in the High Court and 4 in the Supreme Court.

On the other hand, the audit report also identified irregularities in the FBR accounts worth Rs.142 million.

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