The Large Taxpayers Unit (LTU), Karachi, has asked the ARY Communications (ARY) to pay Rs992 million as taxes for 2013 on the plea that the media house had evaded taxes through “misrepresentation, concealment and misuse of exemptions”.
The alleged tax evasion for 2013 has come to light at a time when the ARY has already challenged the LTU’s findings in Income Tax (Appeals), Zone-I, Karachi.
The LTU Karachi chief commissioner told Dawn on Monday that the tax department issues orders when it finds some irregularities in statements and documents submitted by taxpayers. “We have issued the order after fulfilling all the legal formalities,” he said, adding that he was not supposed to divulge taxpayers’ details in public.
According to him, the case was now at the appeal stage as the taxpayer had challenged the LTU findings. “I can’t comment on it.”
