{"id":62301,"date":"2020-03-05T16:36:25","date_gmt":"2020-03-05T11:36:25","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=62301"},"modified":"2020-03-05T16:36:26","modified_gmt":"2020-03-05T11:36:26","slug":"pending-cases-prevented-fbr-from-collecting-pkr-87-42-billion-income-tax-audit-report","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pending-cases-prevented-fbr-from-collecting-pkr-87-42-billion-income-tax-audit-report.html","title":{"rendered":"Pending cases prevented FBR from collecting PKR 87.42 billion in income tax: Audit Report"},"content":{"rendered":"\n<p>Islamabad: An audit report tabled before a meeting of the Public Accounts Committee (PAC) on Wednesday revealed that 96 court cases pertaining to income tax collection had hampered the <a href=\"https:\/\/www.zameen.com\/news\/fbr-empower-officials-dealings-with-tax-defaulters.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Federal Board of Revenue (FBR) (opens in a new tab)\">Federal Board of Revenue (FBR)<\/a>\u2019s recovery of PKR 87.42 billion from taxpayers, according to news sources. The report further stated that the taxpayers concerned had submitted the income tax claims in the customs, sales and excise tax tribunals \u2014 later challenging them in the apex and high courts.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/fbr-files-12-references-involving-land-worth-pkr-2-billion.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"FBR files 12 references involving land worth PKR 2 billion (opens in a new tab)\">FBR files 12 references involving land worth PKR 2 billion<\/a><\/p>\n\n\n\n<p>FBR Acting Chairperson Nosheen Javed Amjad briefed the PAC meeting that some of these cases had remained pending since 2011. She further said that the board had sought the constitution of special benches in Sindh, Lahore and Islamabad high courts for swift resolution of tax-related cases.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/money-exchange-firms-share-clients-data-with-fbr.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Money exchange firms to share suspected clients\u2019 data with FBR (opens in a new tab)\">Money exchange firms to share suspected clients\u2019 data with FBR<\/a><\/p>\n\n\n\n<p>In response, PAC Chairman Rana\nTanvir Hussain said that speedy resolution of these cases would help bridge the\nrevenue collection shortfall.<\/p>\n\n\n\n<p>Moreover, the audit report also\nhighlighted the irregularities in the FBR\u2019s record books (amounting to PKR\n142.2 million) for FY2012-13.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: An audit report tabled before a meeting of the Public Accounts Committee (PAC) on Wednesday revealed that 96 court cases pertaining to income tax collection had hampered the Federal Board of Revenue (FBR)\u2019s recovery of PKR 87.42 billion from taxpayers, according to news sources. The report further stated that the taxpayers concerned had submitted the income tax claims in the customs, sales and excise tax tribunals \u2014 later challenging them in the apex and high courts. Read: FBR files 12 references involving land worth PKR 2 billion FBR Acting Chairperson Nosheen Javed Amjad briefed the PAC meeting that some of these cases had remained pending since 2011. She further said that the board had sought the constitution of special benches in Sindh, Lahore and Islamabad high courts for swift resolution of tax-related cases. Read: Money exchange firms to share suspected clients\u2019 data with FBR In response, PAC Chairman Rana Tanvir Hussain said that speedy resolution of these cases would help bridge the revenue collection shortfall. Moreover, the audit report also highlighted the irregularities in the FBR\u2019s record books (amounting to PKR 142.2 million) for FY2012-13.<\/p>\n","protected":false},"author":76,"featured_media":61403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[21962,19230,21961,21960,21959],"persona":[],"class_list":{"0":"post-62301","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-fbrs-record-books","9":"tag-federal-board-of-revenue-fbr","10":"tag-fy2012-13","11":"tag-income-tax","12":"tag-pending-cases","13":"cat-15015-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pending cases prevented FBR from collecting income tax - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: An audit report tabled before a meeting of the Public Accounts Committee (PAC) on Wednesday revealed that 96 court cases pertaining to income tax\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/pending-cases-prevented-fbr-from-collecting-pkr-87-42-billion-income-tax-audit-report.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pending cases prevented FBR from collecting income tax - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: An audit report tabled before a meeting of the Public Accounts Committee (PAC) on Wednesday revealed that 96 court cases pertaining to income tax\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pending-cases-prevented-fbr-from-collecting-pkr-87-42-billion-income-tax-audit-report.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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