The High Court asked Grameen Telecom Trust chairman Muhammad Yunus to deposit Tk 50 crore to file an appeal against the income tax claim made by the National Board of Revenue for the tax years 2011 to 2013.
A High Court division bench of Justice Muhammad Khurshid Alam Sarkar and Justice Sardar Md Rashed Jahangir came up with the judgment on February 12 and the 24-page full text of it was published on Thursday.
‘NBR sent a notice to Grameen Telecom Trust in November, 2020, claiming around Tk 250 crore in income tax for the tax years 2011 to 2013. Grameen Telecom Trust challenged the notice at the High Court and filed a writ. After holding hearing on the writ, the High Court had issued a rule, asking to explain as to why it shall not declare the notice illegal,’ assistant attorney general Tahmina Poli said.
According to the prosecution, Grameen Telecom Trust after getting the notice, had pleaded for tax waiver, saying they don’t have the money, whereas, the trust had around Tk 350-400 crore in its account at that time.
The High Court recently scrapped the writ petition filed by the trust and asked it to deposit Tk 50 crore first to file an appeal against NBR notice.
