MUZAFFARABAD: Azad Jammu and Kashmir government spokesperson on Friday termed a news item published in a section of the press as baseless and unfounded, regarding collection of corporation tax by Federal Board of Revenue.
The spokesman clarified that collection of all kind of taxes including income tax is responsibility of Inland Revenue Department, which has been transferred to AJK government under the thirteenth amendment.
“Article 31 and 19 of the Interim Constitution, Act 1974 clearly define the role and responsibilities of both federal and state governments and there is no haziness or ambiguity in this regard,” the spokesman emphasized.
He said that there is no mention of corporation in income tax law except the mention of company from which taxes were collected by Inland Revenue Department in the past. The same department will continue to collect the taxes after the transfer of the department to AJK government.
AJK President, PM commend passage of 13th amendment
The spokesman further clarified that after the enforcement of 13 Amendment in the Constitution, “all kind of amounts collected on account of taxes including income tax would be deposited in the Consolidated Fund setup by the AJK government.”
He termed the propaganda directly or indirectly linked to efforts to sabotage the historical achievement of the AJK government to get the administrative and financial powers transferred from Kashmir Council to the state government.
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ