FBR accused PML-N leaders of not paying wealth tax


Islamabad: The Supreme Court on Monday has rejected appeals submitted by the Federal Board of Revenue against PML-N President Shehbaz Sharif and Kulsoom Nawaz, the wife of former Prime Minister Nawaz Sharif.
According to details, a two-member bench, comprising Justice Umar Ata Bandial and Justice Mansoor Ali Shah heard the FBR's plea.
FBR in its plea claimed that the PML-N leaders didn’t pay the wealth tax levied on them between 1994 and 1998.
During the hearing, the court remarked that the respondents paid their wealth tax from 1994 to 1998.
The FBR had issued Kulsoom and Shehbaz notices to pay additional wealth tax, however, failed to prove that the demand notices were sent to the respondents.
The court ruled that it was necessary to issue demand notices for the payment of additional wealth tax.
Consequently, the apex court dismissed the board’s request.
It is pertinent to remember that the Sharif family had challenged the FBR notice in the Lahore High Court. The Lahore High Court had declared the additional tax notices of FBR null and void.
On the other hand, the FBR had challenged the decision of the Lahore High Court in the Supreme Court.

Champions Trophy: Rain likely in India-Pakistan clash
- 4 hours ago

Punjab to launch Maryam Nawaz Community Health Services
- 4 hours ago

16 Afghans arrested in Rawalpindi operation
- 3 hours ago

Qureshi's interim bail extended in two cases
- 5 hours ago

Trump fires top US general in unprecedented Pentagon shakeup
- 2 hours ago

Govt approves Rs20bn cash distribution during Ramadan
- 4 hours ago

Third polio case reported in Pakistan this year
- 3 hours ago

Atif Aslam's surprise performance on London streets
- 2 hours ago

CJP advised to stay within system and not boycott: Barrister Gohar
- 3 hours ago

Champions trophy: Australia win toss to field against England
- 2 hours ago

Pakistanis set up more than 8,000 new companies in UAE in 2024
- 5 hours ago

PM announces to establish university in Rajanpur, cancer hospital in DG Khan
- an hour ago