FBR attached all the bank accounts of PTA for not paying Rs. 3.6 billion income ax. As the budget approaches, FBR has started taking strict measue agaisnt all the tax defaulters including companies and Large Tax Units (LTU).
According to an official release on FBR’s site, the PTA was served with recovery notice under Section 138(10 of the Income Tax Ordinance 2001, to deposit the outstanding liabilities by 28th of May 2012 which is failed to do so.Accordingly, various teams were formed by Chief Commissioner, LTU, Islamabad to recover the amount from PTA through attachment of bank accounts and its receivables from mobile operators, wireless local loop (WLL) operators, Long Distance & International (LDI) operators, land line (LL) operators and Ministry of Information technology.
Earlier this week, LTU Islamabad had attached bank accounts of Paistan Mobile Communication’ (Mobilink) and blocked its imports to recover through suppliers of the company, which included other telecom companies as well.
Revenue of Rs. 2.5 billion will be paid by Mobilink by 30th May, 2012 due to prompt recovery action by LTU, Islamabad.