Legislation to stop tax refund frauds

LAHORE - Lahore Tax Bar Association (LTBA) President Zahid Attiq Chaudhry has urged the Federal Board of Revenue (FBR) to enact proper legislation for stopping the incidents of tax refund fraud cases.In a statement issued here, he stated that only ‘e-intermediary’ registered lawyers work for taxpayers with proper permission from the FBR. He said that according to sales tax act 2006 chapter 13, roll 150-J only lawyers, chartered accountants and registered tax practitioners could become ‘e-intermediary’ . They collect all the information from the taxpayers and submit it with the FBR. He, however, claimed that lawyers had no method to check or testify the information given by the taxpayers. He said that tax lawyers work as bridge between taxpayers and the FBR and they should not be made part of any enquiries in case of any fraud. He said action against tax lawyers could deprive the national exchequer of revenue of billions of rupees.

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