Taxman recovers Rs2.8m from Arsalan Iftikhar

The RTO team, taking action on the directives of the RTO-I Commissioner froze Arsalan’s personal bank account


Our Correspondent September 02, 2015
Arsalan Iftikhar, son of Former Chief Justice Iftikhar Muhammad Chaudhry. PHOTO: FILE

LAHORE:


Regional Tax Office (RTO) Zone-I Lahore of the Federal Board of Revenue (FBR) after freezing the bank account of Arsalan Iftikhar, son of former Chief Justice of Pakistan Iftikhar Chaudhry, has recovered Rs2.8 million out of a total outstanding amount of Rs3.7 million against him.


FBR sources on Tuesday said that Arsalan was director of a company FEA (pvt) Limited situated in Gulberg. During the audit of fiscal year 2012-13, a sum of Rs3.5 million was declared as outstanding against this company while Arsalan as Director was declared a defaulter to the tune of Rs3.7 million. Sources said that the RTO team sent many notices to Arsalan for recovery of the outstanding amount. However, he never received or responded to them.

The RTO team, taking action on the directives of the RTO-I Commissioner froze Arsalan’s personal bank account and recovered the sum of Rs2.86 million.  Proceedings have been launched for further recovery, RTO sources added.

Published in The Express Tribune, September 2nd, 2015.

COMMENTS (7)

A Peshawary | 6 years ago | Reply The real face of Chief Justice (rtd) is his son; diligently defended during his tenure as CJ. Every minute SMA dubbed as active judiciary in facts had some specific purpose/agenda; the facts will come out lowly and gradually. Why Punjab rangers do not raid CH Iftikhar office and take custody of the files and document while being shown live in case of prominent political figures as being done in Sindh. Perhaps it does not serve their hidden desires at the moment which of course will surface in due course on times A Peshawary
the Skunk | 6 years ago | Reply Excellent! Well done FBR! Now what about the accountability of Arsalan and his father? Salams
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