According to the sources, The Estranged leader of the Pakistan Tehreek-e-Insaf (PTI) Jahangir Tareen’s sugar mills challenged the Federal Board of Revenue’s (FBR) audit notice in the Lahore High Court (LHC).
As per to details, The FBR and other officials have been cited as respondents in a petition filed in the Lahore High Court.
The Lahore High Court (LHC), After a preliminary hearing, restrained the Federal Board of Revenue (FBR) from taking a final decision on its audit notice issued to the sugar mills.
LHC’s Justice Raheel Kamran heard the petition filed by the JWD Sugar Mills.
The court ordered the lawyers representing the federal government and the petitioner to forward their arguments tomorrow.
The petition stated that the Federal Board of Revenue (FBR) sent a notice for conducting an audit of the mills’ accounts on May 21, added that the record and documents regarding income tax have been sought by the board.
The petitioner argued and pleaded with the Lahore high court to declare the audit notice void and restrain the FBR from taking any punitive action against the sugar mills as “The Federal Board of Revenue (FBR) have no powers to conduct an audit of the 5-year-old accounts,”.
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