FAISALABAD: Directorate Intelligence and Investigation (Inland Revenue) Faisalabad has shown impressive performance during the last 13 months under the leadership of Mr. Muhammad Azam, Director Intelligence and Investigation (IR).
This directorate has been assigned the jurisdiction over Regional Tax Offices of Faisalabad and Sargodha. Besides, Muhammad Azam is also looking after the additional charge of Directorate Intelligence & Investigation, Multan having jurisdiction over Regional Tax Offices of Multan and Bahawalpur.
From the last thirteen months, this directorate has registered 15 First Information Reports (FIRs) and arrested 16 persons involved in sales tax fraud. Additionally, the Directorate has detected huge tax evasion on account of sales tax and income tax and issued plethora of contravention and investigation reports to respective Regional Tax Offices for determination of final tax liability. About 140 contravention reports have communicated to respective RTOs wherein evasion of income tax amounting to Rs.1047.599 million has been detected. Likewise, 21 contravention reports have been issued wherein sales tax evasion of Rs.1716.183 million has been detected by the directorate. Moreover, the Directorate has proposed blacklisting/suspension proceedings in 30 tax fraud cases. About 97 units were proposed for compulsory registration those were liable to be registered but were not registered under the Sales Tax Act 1990. The Directorate busted 6 gangs of sales tax fraud.
The performance of the Directorate is impressive from the last thirteen months as compared to previous similar period. A large of gangs involved in sales tax fraud has been busted. Similarly, many cases are proposed for compulsory registrations to prevent leakage of sales tax revenue. Many other units involved in fraudulent transactions are proposed for Blacklisting and suspension under the Sales Tax Act, 1990.
The Director explicitly pointed out that earnest efforts are being made to curb tax evasion in the region and no stone will be left unturned to punish the tax fraudsters under the laws. He further reiterated that stringent measures are being taken to eradicate corrupt practices within the Directorate.
It is worth mentioning that the core functions of the Directorate include: a) investigation so as to determine the possible loss of revenue or the real revenue potential in cases as identified by the organization; b) Cross matching for the purposes of countering non-reporting and under reporting; c) Discreet information gathering on all Tax related issues, Non reporting, under reporting, tax evasion, connivance between tax evaders and tax collectors, fiscal fraud, and Revenue leakages and to take prompt actions against tax evaders and fraudsters; d) Broadening of tax base aiming at netting potential tax payers; and e) complaints handling, among others.
At the end, Mr. Muhammad Azam, Director was very thankful to Mr. Haroon M.K. Tareen, Director General Intelligence & Investigation (IR) for his kind supervision and continuous support.