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Bank account of Mirpur National Saving Centre seized.

Mirpur -- Inland Revenue Department of Azad Jammu and Kashmir here Tuesday seized the bank account of National Saving Center Mirpur on the charges of alleged financial mismanagement in payment of withholding tax amount of about Rs. 65 million for the last three years period, official sources said.

A team of the AJK Inland Revenue Department headed by Assistant Commissioner Inland Revenue Department Mirpur Circle Muhammad Tanveer Khalid took the action on the special directives of Sardar Zaffar Mahmood Khan, Commissioner Inland Revenue Department AJK seizing the bank account of the NSC, Mirpur, according to a press release issued to the media by AJK Inland Revenue Department Mirpur here late Tuesday.

The Inland Revenue Department, the PR said, meanwhile, recovered Rs. 9 million amount from the National Saving Center Mirpur and deposited in the national exchequer. The concerned bank branch, holding the account of the NSC Mirpur, has been made restricted to ensure the payment of rest of the volume of the withholding tax amount.

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Publication:Pakistan Observer (Islamabad, Pakistan)
Date:Jun 20, 2019
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