LHC stays FBR’s audit against Jehangir Tareen’s JDW sugar mills

Author: Daily Times Monitor

The Lahore High Court (LHC) stayed on Tuesday the Federal Board of Revenue (FBR’s) audit of estranged Pakistan Tehreek-e-Insaf (PTI) leader Jahangir Tareen’s JDW Sugar Mills, a private TV channel reported.

The high court heard Tareen’s petition against the FBR’s audit notice; the court also gave a restraining order to the tax collecting authority and issued a notice seeking a reply. Making the FBR and others as respondents, Tareen’s petition prayed upon the court that the FBR had sent a notice on May 21 and sought documents and records related to income tax. However, the FBR does not have the authority to conduct an audit after five years, the petition further contended. The 2015 tax audit period has passed. Therefore, the audit notice has been sent illegally, and should be declared null and void, the petition maintains. The court was requested to direct the FBR from taking disciplinary action.

Earlier on May 31, it was reported that PTI’s disgruntled leader reminded Prime Minister Imran Khan of his promise that he [Tareen] would be treated justly and said it is about time justice was delivered. The Federal Investigation Agency (FIA) had lodged three cases against the PTI leader after an inquiry highlighted Tareen’s alleged link to a powerful sugar mafia that created a shortage of the commodity in January last year with the aim to hike sugar prices.

Last month, when a group of PTI lawmakers, also known as the Tareen group, accused the FIA of victimising the former party secretary-general in a sugar scam case, Senator Zafar was assigned by the prime minster to “impartially” ascertain the facts of the investigation.

Share
Leave a Comment

Recent Posts

  • World

Water crisis batters war-torn Sudan as temperatures soar

War, climate change and man-made shortages have brought Sudan -- a nation already facing a…

3 hours ago
  • World

Much of US braces for extreme weather, from high temperatures to possible snow in the Rockies

After days of intense flooding in Florida, that state and many others are bracing for…

3 hours ago
  • World

Biden holds LA fundraiser as Trump courts Michigan

US President Joe Biden brushed aside jet lag Saturday, flying straight from the G7 in…

3 hours ago
  • World

Chinese premier promises more pandas and urges Australia to put aside differences

Chinese Premier Li Qiang's visit to Australia on Sunday focused on positive aspects of the…

3 hours ago
  • World

Prisoners end hunger strike in Venezuela after agreement with government

Inmates in 20 jails and detention facilities in Venezuela have ended a week-long hunger strike…

3 hours ago
  • Pakistan

Iran rebukes G7 statement over its nuclear programme escalation

Iran called upon the Group of Seven on Sunday to distance itself from "destructive policies…

3 hours ago