Tuesday , July 7 2020
Breaking News
Home / Tag Archives: LTU

Tag Archives: LTU

IHC seeks record of four cases filed against ATIR, Customs Appellate Tribunal

ISLAMABAD: Islamabad High Court on Thursday directed parties to submit record of the cases while hearing four customs matters filed against Customs Appellate Tribunal and Appellate Tribunal Inland Revenue. A citizen, M Anwar Khan, had filed four customs references against Customs Appellate Tribunal and Appellate Tribunal Inland Revenue. IHC division bench, comprising Justice Aamer Farooq and Justice Mohsin Akhtar Kiyani, ... Read More »

LTU sends ADC Aftab for training program

LAHORE: Additional Commissioner Headquarters Large Taxpayer Unit (LTU) Lahore, Aftab Alam has been sent for training program. As per details, Additional Commissioner Muhammad Irfan has assumed the charge as the replace of Alam here on other day. Sources said that Alam may join LTU or other department of FBR after the completion of training program. Read More »

FBR may revise revenue target of LTU Lahore

LAHORE: The Federal Board of Revenue (FBR) Large Taxpayer Unit (LTU) Lahore may not be able to achieve the target set for the third quarter of the current fiscal year. As per details, the LTU Lahore has been assigned Rs 53 billion target for the third quarter (January-March). Sources said there were different factors like cut down in oil prices ... Read More »

LTU raises tax demand worth Rs3.4b with cigarette company

KARACHI: Large Taxpayer Unit (LTU) Karachi has raised tax demand of Rs 3.4 billion from a cigarette manufacturing company as it failed to deposit due amount of Sales Tax and Federal Excise Duty (FED) during 2013-14. It was learnt on Wednesday that the unit falls within the jurisdiction of LTU Karachi. Sales tax and FED to the tune of Rs ... Read More »

Chairman FBR asks RTOs and LTUs for second quarterly report

ISLAMABAD: Chairman FBR Tariq Bajwa has asked all Regional Tax Offices and Large Tax payer Units for the second quarterly report of current year. According to sources, FBR Headquarters has written letters to all Field Formations informing about the second quarterly meeting. Field Formations are asked to convey the message to all RTO’s and LTU’s to prepare reports about their ... Read More »

Chief Commissioner LTU asked to redouble efforts for achieving target revenue

ISLAMABAD: Chairman FBR Tariq Bajwa met Chief Commissioner Large Tax payer Unit (LTU) at FBR house where Chief Commissioner informed him about the performance of LTU. Chairman FBR issued instructions to quickly complete the audit of selected LTUs for the current year and survey the ones having problems relating tax. He asked the Chief Commissioner to put more efforts for ... Read More »

FBR helpline at LTU Karachi to facilitate taxpayers in e-filing of returns

KARACHI: The Large Taxpayers Unit (LTU) of Karachi has launched a helpline to facilitate the taxpayers, who were facing problems in filing their returns through Federal Board of Revenue’s (FBR) e-filing software i.e. Integrated Risk Information System (IRIS). FBR had launched this software this year on its web-portal but it ‘failed’ to facilitate the taxpayers, that is why the Board ... Read More »

Flouting rules: FTO rejects Transparency International plea against FBR officials

ISLAMABAD: Federal Tax Ombudsman Abdur Rauf Chaudhry rejected the Transparency International Pakistan allegations levelled against FBR officials, alleging that these officials had bypassed rules and regulations of international supply tenders by granting GST zero rating to particular individuals, causing Rs 12 billion loss to national exchequer. However, FTO Chaudhry ruled that the Federal Board of Revenue had failed to explain ... Read More »

Lahore Tax offices collect Rs260b in 10 months

LAHORE: Federal Board of Revenue has collected Rs 260 billion on account of income tax, sales tax and excise duty in 10 months of the current Fiscal Year 2013-14 in Lahore region, official sources said. Large Taxpayers Unit, Regional Tax office I and II collectively gathered the amount under the heads of sales tax, income tax and federal excise duty ... Read More »