FBR to issue notices to tax defaulters from September 15

KARACHI: Federal Board of Revenue (FBR) decided to send notices to over 1,30,000 tax defaulters of 2013-14, from September 15,2015.
According to the sources the above said defaulters are registered taxpayers but they avoiding to submit their tax returns of the year 2013-14. All regional tax offices already completed lists of defaulters. The notices are being prepared in accordance with income tax ordinance 114, and they will be given a grace period of 45 days to submit their tax returns, otherwise FBR will take stern action against these defaulters.
The regional tax offices will also confirm the actual income of taxpayers during the grace period of 45 days.

Source: Custom Today