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FBR unfreezes Akram Sheikh’s accounts

FBR unfreezes Akram Sheikh’s accounts

LAHORE: Federal Board of Revenue (FBR) has withdrawn its order to freeze all bank accounts of senior lawyer Akram Sheikh.

Deputy Commission Inland Revenue, Lahore has issued a letter to all concerned banks on November 27, wherein it is stated bank accounts were attached under section 140 of the Income Tax Ordinance 2001 vide with office letter No 71/ 05 dated 20.11.2018. Now the attachments in case only under section 140 are hereby withdrawn with immediate effect.

Earlier, Sheikh while talking to media men said neither he can pay salary to his employees nor tax.

The senior lawyer said everything had been done by the FBR for not paying “advance tax” of more than Rs10 million, adding the revenue authority took the step with the consent of top brass of the government.