AIRLINK 143.30 Decreased By ▼ -2.10 (-1.44%)
BOP 5.24 Increased By ▲ 0.04 (0.77%)
CNERGY 3.77 Decreased By ▼ -0.01 (-0.26%)
DFML 45.39 Increased By ▲ 0.21 (0.46%)
DGKC 79.00 Decreased By ▼ -0.13 (-0.16%)
FCCL 28.15 Increased By ▲ 0.15 (0.54%)
FFBL 53.40 Increased By ▲ 0.07 (0.13%)
FFL 8.70 Increased By ▲ 0.05 (0.58%)
HUBC 114.94 Decreased By ▼ -6.88 (-5.65%)
HUMNL 11.36 Increased By ▲ 0.40 (3.65%)
KEL 3.79 Increased By ▲ 0.04 (1.07%)
KOSM 8.45 Increased By ▲ 0.13 (1.56%)
MLCF 35.00 Increased By ▲ 0.24 (0.69%)
NBP 59.35 Increased By ▲ 0.10 (0.17%)
OGDC 170.38 Increased By ▲ 1.16 (0.69%)
PIBTL 5.90 Decreased By ▼ -0.09 (-1.5%)
PPL 128.70 Increased By ▲ 1.20 (0.94%)
PRL 25.01 Increased By ▲ 0.13 (0.52%)
PTC 11.95 Increased By ▲ 0.01 (0.08%)
SEARL 55.14 Decreased By ▼ -0.39 (-0.7%)
TELE 7.10 Increased By ▲ 0.03 (0.42%)
TOMCL 35.11 Decreased By ▼ -0.04 (-0.11%)
TPLP 7.10 Increased By ▲ 0.10 (1.43%)
TREET 14.05 Increased By ▲ 0.16 (1.15%)
TRG 45.99 Increased By ▲ 0.17 (0.37%)
WTL 1.20 Decreased By ▼ -0.01 (-0.83%)
BR100 8,983 Increased By 2.4 (0.03%)
BR30 27,322 Decreased By -97.9 (-0.36%)
KSE100 85,017 Increased By 106.8 (0.13%)
KSE30 27,229 Increased By 31.7 (0.12%)

Accountability Court No 3 at Karachi on Thursday awarded 5-year imprisonment with penalty to the accused Amjad Hussain in reference No 2/2016. According to details, the convicted accused was proprietor of M/s Akhter Brothers engaged with business of leather products who illegally obtained sales tax refunds in 2005 on the basis of fake invoices purportedly issued by M/s World Wide Impex, who disclosed during course of investigation that they had ever remained in any business with M/s Akhter Brothers, nor made supplies of any products to them.
The sanctioning officer of illegal sales tax refunds namely Syed Nusrat Nasir, Deputy Collector had died before filing of reference.

Copyright Business Recorder, 2016

Comments

Comments are closed.