T.F.O. & Co.,

CHARTERED ACCOUNTANTS

Search by tag: date-april

News Others April 4, 2014

Tax Evasion

Two Foreign IT Firms’ Officials Held

Date: April 04, 2014

The Directorate General of Intelligence and Investigation Inland Revenue (IR) on Thursday
arrested two high-profile executives of an international IT giant in Karachi, selling computer
products and accessories on alleged involvement in tax evasion. Sources told Business Recorder
here on Thursday that it was the first of its kind of case where the directorate has successfully
nabbed senior executives of a top IT company. The agency has taken action against the local
office of the international IT company.