District: Regional Income Tax sends notices to legislators for verification of their income

Abbottabad: Regional Income Tax Office Abbottabad has started sending notices to MNA’s, MPA’s and probable candidates from Hazara Division for verification of their income and wealth to reconcile their annual Income Tax Returns filed by them for tax years 2012.

One insider told that under special directive and with the approval of commissioner Income Tax, special task has been assigned to Additional commissioner Income Tax who had collected data from Excise department to verify the properties and vehicles held in the name of elected representatives with their spouse, land record and property details from revenue department, Cantonment board and local municipality has also been collected.

It was further informed that details from banks has been also collected to verify the transactions done in the accounts of assesses and their dependents.

Notices were sent under sections of the Income Tax Ordinance 2001 and it was learned that in most of the cases, less wealth has been declared by the Income Tax and Wealth Tax return filers.

I may be noted that every candidate interested to contest for National and Provincial assembly will obtain NOC from the income tax department and keeping the time factor, local tax office has initiated the task so the probe and verification process to be completed well in time with sufficient time to be provided notice servers to explain their position.