GHOTKI: The Federal Board of Revenue (FBR) has unearthed a Rs 12.78 billion suspicious transactions from a dry cleaner’s account in the Ghotki area of Sindh.
According to sources, a dry cleaner identified as Romesh Kumar was shocked after receiving a call-up notice from the FBR to appear before it on October 19 (Monday).
According to FBR transaction worth Rs, 12.78billion was carried out from the account of Romesh Kumar. The dry cleaner after receiving the notice of the FBR said he has no information who carried such a huge amount transaction from his account.
Romesh further said he was working in Sardar Ghulam Muhammad Sugar Mills in 2009 and left the job after two years. He has been asked to appear before the FBR tomorrow for interrogation.
In June, the Directorate General of Intelligence and Investigation (DG I&I) of the Federal Board of Revenue (FBR) had unearthed several cases involving business concerns that park money in far-flung areas after making cash transactions in order to avoid taxes.
Preliminary investigations had revealed tax evasion of billions in just three cases that fall under the category of money laundering.
“The government had decided to investigate the origins of these accounts and will try to conclude the probe by taxing the amounts involved under relevant tax laws,” a senior official had said.
It was found that between 2014 and 2018 a man Hikmatullah, who is reportedly a scrap dealer, had multiple bank accounts. He declared receipts of Rs1.57 million and paid no income tax. However, the bank credits amounted to Rs10.5bn.
In the second case, Abdul Nafay, who also is running a sole-proprietorship business, declared receipts of Rs3.39m and paid no income tax during the period from 2014 to 2018. However, the bank credits are amounting to Rs6.61bn.
He said the cases would be dealt with under the Anti-Money Laundering Act, 2010 and Benami (Prohibitions) Act, 2017. Strange patterns of tax evasion are emerging but the government is committed to documenting the economy so that everybody is liable to pay tax, according to the official.
Earlier this year, a driver became an overnight millionaire after a suspicious transaction of Rs4.9 million into his bank account in Jamshoro city of Sindh.
The driver, Somaar Channa, was surprised over the presence of the large sums of money in his bank account as more than Rs 4.9 million was transacted from an unknown source.