The PCB have been in trouble with the FBR in the past
The Federal Board of Revenue (FBR) has frozen the accounts of the Pakistan Cricket Board (PCB) after they failed to pay taxes, which accumulate to over Pakistan Rupees 30 million, or approximately US$317,000.
Reacting to the freezing of their accounts, the PCB lashed out at the FBR, stating that they had not followed the proper procedures to take action.
According to the Express News, the PCB owed the FBR Rs 30 million, but after failing to pay, the FBR froze their accounts and recovered about Rs 18 million of which they were owed.
A spokesman for the FBR was unavailable to comment on the situation, and the PCB have branded the FBR’s actions as illegal.
“FBR didn’t serve any notice to PCB before recovering money from PCB bank account and an opportunity of being heard was required before doing such act, the issued Stay Order from Honorable Appellate Tribunal Inland Revenues in favour of PCB recovery of this amount from PCB bank Account is an illegal act,” the PCB said via a statement.
However, this is not the first time the FBR have frozen the accounts of the PCB.
The FBR recovered Rs 70 million in June from PCB accounts in similar circumstances.
Proceedings are currently ongoing at the Appellate tribunal.