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Mar 24, 2023

Judgment - FBR Data Repository for AML-CFT Cases – FBR Check-List to CTD – Foreign Tax Case Reporting – SECP ATL Condition – SRB – Misc – HR)

1.      LHC Order [WP 52043 -21] 24-1-2023 Cement Co Vs FBR – ST Notice u-S 11(2) – Adjustment of Input Tax – 2020 PTD 1641 – Physical Verification Directed – Disposed Of
 
2.     LINKAGE OF SMUGGLING CASES WITH TERRORIST FINANCING: FBR ISSUES ‘RED ALERTS CHECK LIST’ FOR CTD

3.      AML/CFT-RELATED CASES PERTAINING TO CUSTOMS: FBR’S DIRECTORATE OF CBCM DESIGNATED AS DATA REPOSITORY
 
4.      FBR TO INVOLVE FOREIGN JURISDICTIONS FOR INVESTIGATING OF CRIMINAL CASES: ALL DIRECTORATES ARE ADVISED TO SUBMIT MONTHLY REPORTS TO VARIOUS UNITS
 
5.     COS AND IFIs: NAMES ON ATL A MUST FOR APPOINTING SHARIAH BOARD MEMBERS: SECP

6.      ONLY 50% OF DEEMED INCOME TAX BE PAID AT THE MOMENT: SC GRANTS INTERIM ORDER DIRECTS FBR TO EXPAND TAX BASE RATHER THAN ENHANCING TAXES ON COMPLIANT CITIZENS
 
7.     RECORDS SEIZED: SRB RAIDS CLUB FOR RECOVERY OF SST DUES

8.     ISSUE OF SALES TAX VALUE ON SUGAR SUPPLY STILL PENDING IN LHC
 
9.      TAX OFFICERS ACCUSED OF VIOLATING LAW BY DETERMINING PROFIT MARGINS ARBITRARILY

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