The Federal Board of Revenue (FBR) has observed that a huge number of cases are pending in courts involving huge amount of revenue which requires a comprehensive strategy by each RTO/LTU to liquidate pendency and recovery of the unpaid duties and taxes. The FBR has issued instructions to the chief commissioners of LTUs/RTOs here Thursday.
According to the FBR, it was pointed out during the last chief commissioners' conference that the representation of FBR cases at higher judicial forums was weak and not up to the mark. Moreover, a number of cases are pending involving considerable amount of revenue which requires formulating a coherent strategy by each RTO/LTU in order to liquidate this pendency and realise the due/legitimate revenue of the state.
Tasnim Rehman, CCIR, RTO Lahore, suggested during the conference that besides formulating a clear-cut strategy at the level of each field formation, the number of "advocates on call" must be increased to four or five for Lahore. The FBR Member (IR-Operations) instructed the CCIRs at Lahore to nominate the best lawyers to the board for their nomination in this regard.
It was stated that the jurisdiction assignment of directors of corporate cases was not complete in certain cases, in general, and where a person is director in one or more companies falling in different field formations, in particular. It was decided that PRAL shall devise an IT-based solution for assigning accurate jurisdiction of the directors of corporate cases. It was also decided that the issuance of notification of rates in respect of section 236V of the Income Tax Ordinance, 2001 will be ensured at the earliest.
The FBR Member (IR-Operations) thanked all the CCIRs for their active participation and appreciated their dedication to undertake that forthcoming targets shall be achieved with 30% increase so that the deficit could also be covered. The chairman FBR expressed his gratitude and highlighted the fact that this was his last collective interaction with the participants.
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