in

FBR and Telcos Fail to Resolve Tax Dispute of Rs. 55 Billion

The Federal Board of Revenue (FBR) disclosed on Wednesday that there is a tax dispute of Rs. 55 billion between the telecom companies and the FBR.

FBR Member Inland Revenue (Operations), Dr Muhammad Ashfaq Ahmed, Wednesday informed the Senate Standing Committee on Finance that the constitution of the Alternative Dispute Resolution Committee (ADRC) has failed to resolve the issue of a tax dispute of Rs. 55 billion between the telecom companies and the tax department.


ALSO READ

FBR Forms Committee To Formulate Rules Under Modified Section of Customs Act


FBR Member Inland Revenue (Operations) stated that there is a taxability dispute of Rs. 55 billion between the FBR and the telcos.

However, the matter could not be resolved through the forums of the ADRC.

Leave a Reply

Your email address will not be published. Required fields are marked *

SHC Orders Vehicles to Be Fitted With RFID Number Plates

Pakistan Post Establishes Amazon Facilitation Center