The Pakistan Cricket Board building.—File photo

KARACHI: The Federal Board of Revenue (FBR) has frozen the accounts of the Pakistan Cricket Board due to non-payment of taxes, DawnNews reported on Wednesday.

An amount of 30 million rupees is payable by the PCB.

According to sources in the FBR, various notices were issued to the PCB regarding payment of withholding taxes but there was no response from their side. The FBR has recovered 18 million rupees but 12 million rupees are still left over. Notice for the collection of the remaining amount has also been sent to the PCB, the sources added.

A spokesman for the Pakistan Cricket Board said here Wednesday that, in the presence of a stay order issued by the Appellate Tribunal Inland Revenues in favour of PCB, the recovery of the amount from PCB bank accounts is an illegal act.

“The FBR did not serve any notice to PCB before recovering money from PCB bank account and an opportunity of being heard was required before doing such act,” said the spokesman.

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Comments (1) Closed

Sep 26, 2012 05:40pm
Brilliant stuff...could things get any worse for Pakistan cricket??? always in the news for one bad reason or another...