The Federal Board of Revenue (FBR) is compiling authentic data of pending and issued refunds with regard to income tax and sales tax/federal excise duty (FED) for the period July 1, 2014 to January 31, 2015 for onward transmission to the Federal Tax Ombudsman (FTO), investigating case of alleged figure fudging.
In this regard, the FBR has issued instructions to the field formations here on Saturday on the subject pertaining to FTO's office findings-"fudging of collection figures and showing enhanced collection by withholding refund suo motu no.06/2011 in c. no.962/2011".
According to the FBR's instructions to all Chief Commissioners of Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs), field formations should furnish the following requisite information as desired by the FBR Member (IR-Operations): Concise and comprehensive LTU/RTO-wise detail of refunds issued and pending in respect of Income Tax and Sales Tax/FED for the period July 1, 2014 to January 31, 2015, respectively.
The FTO Office has directed the FBR that reference Board's letter dated 2.2.2015 on the subject wherein the amount of refunds issued and pending has been submitted for the period July 1, 2013 to June 30, 2014, with separate information in respect of Income Tax and Sales Tax/FED, as well as Customs in a casual manner. The FTO has desired that concise and comprehensive LTU/RTO wise detail of refunds issued and pending in respect of Income Tax and Sales Tax/FED and Customs to be submitted for the period 1.7.2014 to 31.1.2015 by March 2, 2015, respectively, FTO office added. The FTO case is related to the suo motu no.06/2011 in c. no.962/2011.
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