The Federal Board of Revenue’s (FBR) Large Taxpayer Unit in Islamabad on Wednesday (Oct 28) sealed the main business premises of cellular company Jazz, alleging non-payment of Rs25.393 billion income tax for the tax year 2018.
Earlier in the day, a notice was issued to Principal Officers Pakistan Mobile Communication Limited (PMCL) Aamir Hafeez Ibrahim under Section 138(1) of the Income Tax Ordinance 2001 with a deadline to pay arrears of tax by 1300 hours (1:00pm) on October 28, said a report.
Jazz spokesperson, Aisha Sarwari, told the newspaper that her company “has received a notice from FBR this afternoon. Jazz has made tax submissions based on legal interpretations of the tax owed. We will review and take measures under our legal obligations and will collaborate with all institutions for an early resolution of this issue.”
The case is related to the acquisition of over 13,000 tower assets across the country by Deodar Private Limited, a subsidiary company of PMCL. The Islamabad LTU created the demand for tax as well as surcharge in the tax year 2019.