Rs 450m fraud in CDA tax returns

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A fraud of Rs 450 million has been revealed during the collection of property tax in Capital Development Authority (CDA).

An inquiry has been ordered against the former director revenue for fraud in the department during the collection of property tax.

The revenue department of CDA has failed to collect the property tax from residential houses and commercial buildings in the federal capital for many years.

According to a report submitted by the audit department in the parliament, the revenue department has found no record of property tax with them.