Space For Rent

Space For Rent
Thursday, November 20, 2014, Agrahayan 6, 1421, Muharram 26, 1436 Hijr

Suspicion of tax evasion
NBR chairman's bank account info sought
Observer Online Report
Publish Date : 2014-11-20,  Publish Time : 23:20,  View Count : 3
The National Board of Revenue (NBR) has sought information about all the bank accounts of its chairman Ghulam Hussain.

The Central Intelligence Cell (CIC) of the NBR sent a letter to all commercial banks on Thursday seeking information about the bank accounts of Ghulam Hussain.

Besides, information of bank accounts of his wife, Zakia Mansur Hossain, was also sought.

The up-to-date information about fixed or term deposits and savings accounts in the names of Ghulam Hussain and his wife from July 2007 was sought from the banks and financial institutions. The banks were also asked to send the information by November 24 to the CIC of NBR directly.

In its letter, the CIC also mentioned that Tk 25,000 would be fined at a time and Tk 500 for the each of the next consecutive days if the banks fail to provide information within the time-limit.

Usually, the CIC can seek information about bank accounts according to Section 113 (F) of Income Tax Act 1984 if it feels any doubt about tax evasion of any individual.

When contacted, Ghulam Hussain told journalists that the bank accounts were sought as the NBR chairman is "not beyond the transparency and accountability."


Editor : Iqbal Sobhan Chowdhury
Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka. Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000. Phone :9586651-58. Fax: 9586659-60, Advertisemnet: 9513663, E-mail: [email protected], [email protected], [email protected]