Friday, December 30, 2011

FBR detctes major deficiencies in IT return


Sohial sarfraz:
IsILAMBAD;The federal Board of Revenue has dected  Mojour defencicies in the income Tax
return faild by the leading cable TV opprator,reflcting higher level of non-complince
by this undocument sector.Sources told buisness Recomended here on friday that a case
study of a top cable TV opprator has shown diferent techniques used by such opprator
to evade tax.The FBR has also detected understanment.which resulted in concelment of
taxes.The FBR has contected case study of a leading cable oprator,who is one of the
leading concrens in the field of telecomunication service such as,internet telephony,
audioand video conferencing,calling cards TV.At present it has four companies
registered for tax purposes.

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