KARACHI: Anti-Benami Initiative Zone-III Karachi of Federal Board of Revenue (FBR) has detected residential cum commercial high valued building as benami property, which is located in posh area of the city.
According to details, the anti-benami zone investigated the source of income for the purchase of the property and discovered that the owners or benamidars were never in financial position to purchase the said immovable properties.
The sources said that the zone provisionally attached the property and launched investigation to dig out the beneficial owners.
The zone while exercising powers under Benami Transactions (Prohibition) Act, 2017 issued notices to the benamidars of plot Nos. 167C and 168C Commercial Area, Block 2 PECHS after having sufficient reasons to believe that the land was benami.
The notices were sent to Muhamma Yaseen benamidar of plot no. 167C and Kashif Hasan benamidar of plot no. 168C to provide all relevant documents for the purchase of property and source of income besides producing record of submitted annual income tax returns.
Meanwhile, during the provisional attachment the benamidars and others have been prohibited and restrained from transferring of immovable properties or subjecting the same to a charge in any manner and that all persons have been prohibited from taking any benefit under such transfer or charge.
The sources said that the one building was constructed by joining both the plots. Therefore, it was believed that there would be one beneficial persons in both the plots.
