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I. KC Recommendations
1. In view of the matters in para B & C, we recommend taking care of Proper Disclosure seriously in TY 2025, as shortly IRIS 3.0 will show Pre-Filled Form, as the undersigned has seen and your Goodself would have seen US returns (and even may show Auto Revised Tax Calculation with Notice for Revision with Huge Demand, Default Surcharge & Heavy Penalties from IRIS 3.0 / Tax Department). The SMS Recipient OR having Income or Asset is Taxpayer or Not, he should immediately contact Tax Advisor OR Our Learned Team Members on Mobile & WhatsApp Mr Ali 0335 6777 786 and Only WhatsApp Mr Sirhan 0333 2288 382 OR Mr Amsal via Email at amsal@786tax.com with the following information in SMS; and even Otherwise Complete details of 1.7.24 to 30.6.25.
(a) Debit & Credit Card payment details
(b) Bank Statements of all the Bank Accounts
(c) Property purchases & sales
(d) Vehicles purchases & sales
(e) Current Property / Property details
(f) Current Vehicle/s details
(g) Foreign Visits
(h) Withholding Taxes (not in IRIS)
(g) Other relevant Information
2. These above are necessary to avoid major Income Tax & Sales Tax Notices, Orders, Demand Notices, Recovery Notices and Bank Account Freezing.
3. Also see matters in para D to F below for your Team Development and every next day will be difficult for Non-Filers (who may be your Non-Tax Team) and the Filers who have not disclosed lower income /& assets than correct income &/ assets (and there will be reduction in Bribery Culture, ISA).
II. Background (BG)
1. This refers to the related Important TLQC in trail, blue, italic and double Line viz 3310 of 20.10.25 about IRIS 3.0 with Pre-Filled Return Form, so be ready & KC Recommendation.
2. We also refer to several Other TLQCs including (a) 3303 of 11.10.25 about ITR TY 2025: Debit & Credit Card, Bank Credits, etc & KC Recommendations (b) 3294 of 3.10.25 about Save Bank Account/s Freezing of All Employees, Friends, etc - May Allah forbid
III. Updated Commentary
A. FBR Goes After 20+ Social Media Influencers for Hiding Real Income (KC: Attachment 3320.1)
1. General
1.1 Further to KQU 3611 of 21.10.25, being an important matter, we would inform you about FBR Goes After 20+ Social Media Influencers for Hiding Real Income (Attachment 3320.1) in the ensuing paragraphs, with emphasis in bold & Underline, heading ours for quick reading; in Brackets, Italic & Bold ours with KC prefix for better understanding.
1.2 Content Creator & Bloggers
1.1 FBR has uncovered more than 20 cases where individuals flaunting luxury lifestyles on social media, including expensive cars and frequent international travel, have declared little to no income or assets in their tax filings.
1.2 According to FBR’s Lifestyle Monitoring Cell, one case involves a digital content creator and travel vlogger whose lavish international trips from 2020 to 2025 were documented on Instagram. In 2020, the vlogger vacationed in Seychelles, a destination known for luxury holidays. No international travel was recorded in 2021, likely due to Covid-19 restrictions.
1.3 In 2022, the individual traveled to the UAE (Dubai), the Philippines, Spain, and the Netherlands. The following year, trips included Turkey, the UK, Maldives, and Georgia. In 2024, the vlogger toured Europe and the Middle East, visiting Saudi Arabia (multiple times, likely for Hajj/Umrah or events), Croatia, Italy, Portugal, Hungary, France, Belgium (attending the Tomorrow land music festival), and Switzerland. In 2025, the travel continued with visits to Sweden, Denmark, Greece, Saudi Arabia, France, Austria, and the Czech Republic.
1.4 Despite evidence of these trips, the vlogger’s tax returns for 2020 showed only Rs 490,800 in income, Rs 390,000 in expenses, and net assets of Rs1,090,800. For 2021, the declared income was Rs 541,880, expenses Rs 385,000, and net assets Rs 1,232,680, with no travel due to pandemic restrictions.
1.5 In 2022, the declared income was Rs 564,040, expenses Rs 396,000, and net assets about Rs 1,387,720. For 2023, the vlogger reported Rs 784,600 in income, Rs 480,000 in expenses, and net assets of Rs 1,672,320. The 2024 return showed Rs 816,800 in income, Rs 504,000 in expenses, and net assets of Rs 1,929,120, despite multiple foreign trips.
1.6 The FBR says this pattern indicates significant underreporting of income.
2. Political Person
2.1 In another high-profile case, the Lifestyle Monitoring Cell detected Rs 180.5 million in concealed assets linked to a member of a political family from South Punjab. Publicly available evidence showed the individual owned and used four luxury vehicles, none of which were declared in either their own or their father’s tax returns.
2.2 The assets included a Lexus LX 570 flagship luxury SUV (2019 model, estimated market value Rs 80 million), a Toyota Fortunes Legendre SUV (Rs15 million), a Suzuki Hayabusa (2021 high-performance superbike, Rs 5.5 million), and a BMW i7 electric luxury sedan (Rs 80 million).
2.3 Tax records show the individual registered as a taxpayer on January 12, 2023. In the 2023 tax return, only two motorcycles were declared: a BMW M 1000 RR (Rs 14.2 million) and a BMW R 1250 GS (Rs 9.8 million), totaling Rs 31.28 million.
2.4 In 2024, only the BMW M 1000 RR was listed, with the BMW 1250 GS no longer included. FBR investigators say the taxpayer has only declared a fraction of their actual assets and failed to disclose the sources of funds used to purchase the hidden vehicles, indicating clear tax evasion.
B. FBR uncovers hidden assets of high-profile taxpayers (KC: Attachment 3320.2 with deleted part, where covered above or better matter in later part)
1. General
The Lifestyle Monitoring Cell was set up under the Directorate of Intelligence and Investigation (I&I) of Inland Revenue. Its purpose is to scrutinize taxpayers who publicly display wealth on social media but contribute very little to the national exchequer. Intelligence reports have been shared with Regional Taxpayer Offices (RTOs) across Pakistan, and legal proceedings have begun for the recovery of undeclared taxes.
2. Individual with 19 Vehicles, etc
2.1 A third case reveals a taxpayer owning 19 vehicles, including sports cars, SUVs, motorcycles, and ATVs, with an estimated value of Rs624 million. The collection includes vehicles such as a Chevrolet Corvette C8, Toyota Land Cruiser series, Range Rover, Audi Q7, Ford F-150 Raptor, Harley-Davidson Pan America, and Yamaha Raptor ATV. None of these assets were declared in tax filings.
2.2 The FBR has stated that investigations are ongoing. Authorities are reviewing the sources of funds for these assets and preparing legal actions against potential tax-dodge. The Lifestyle Monitoring Cell aims to ensure that taxpayers with visible wealth comply with tax laws.
2.3 Officials said that this initiative is part of FBR’s broader effort to close loopholes, improve revenue collection, and promote transparency. By targeting high-value cases of undisclosed assets and luxury lifestyles, the government aims to send a strong message against tax evasion.
C. FBR Flags 20+ People Living Luxuriously but Paying Little in Taxes (KC: Attachment 3320.3 with deleted part, where covered above or better matter in later part)
1. The Lifestyle Monitoring Cell’s investigations revealed stark discrepancies between the declared financial data and the individuals’ actual possessions and expenditures. Evidence gathered from public sources, particularly social media, was instrumental in exposing the gap between their visible lifestyles and reported incomes.
2. All intelligence reports have been shared with the respective Regional Taxpayer Offices across Pakistan. Legal proceedings to recover unpaid taxes and assess penalties are already underway.
3. An official from the FBR’s Lifestyle Monitoring Cell confirmed that investigations into suspected tax evasion are ongoing but noted that the identities of those involved cannot be disclosed under income tax laws.
D. FBR lifestyle monitoring cell trains sights on 20 tax dodgers (KC: Attachment 3320.4 with deleted part, where covered above or better matter in later part)
1. Investigations show that the taxpayer reported just a negligible part of his actual observable assets and did not disclose the sources of funds used to purchase the concealed vehicles. This pattern strongly suggests tax-evasion.
2. The FBR has found that none of these luxury vehicles appear in the taxpayer’s wealth statement. When this reporter contacted the Monitoring Cell in-charge, he said investigations were underway against the potential tax-dodgers but they could not close their identity under the income tax obligations.
3. The intelligence reports have been shared with the respective RTO across Pakistan, and legal proceedings for action have already begun for the recovery of taxes.
E. Your Entity Tax Team Development to take care of future expected Notices for 40% Budget increase
For Tax, Levies, Corporate Compliance & Savings, we recommend your team members to attend the Courses & Workshops considering their Education & Experience. These can be attended Physically at Karachi; Online from Karachi Lahore, Islamabad, etc and Recorded Lecture are also available.
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F. Broadening Tax Base to Reduce your tax in future budgets
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G. Multiplication
Although all the Commentaries are to the extent of the Subscribed IDs only, however, your Goodself is allowed to share this QC to Impart Knowledge to the maximum Employees, Relatives, Groups, etc as soon as possible in order to file proper return in the next 1 week. At this stage, we do not expect a general extension post 15.10.25.
IV. Further Details & Services
Should you require any clarification or explanations in respect of the above or otherwise, or require Income Tax, Federal & Provincial Sales Tax or Withholding Tax Statement, Advisory, Return Filing or Review services, please feel free to email Mr Amsal at amsal@kasbati.co with CC to info.kasbati@professional-
Best regards for Here & Hereafter
Asif S Kasbati (FCA, FCMA & LLB)
Managing Partner
Kasbati & Co (1760+ Tax, Levies, Companies, Economy, Inflation, HR, Banking, Finance, etc
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