DJ Butt served tax notice for Rs17 million
LAHORE: DJ Butt has been served a tax notice of Rs17 million on services rendered by the Punjab Revenue Authority (PRA).
DJ Butt was served the notice in regards to revenue earned from event management services during the period of August 2014 to December 2014, when the Pakistan Tehreek-i-Insaf (PTI) held a protracted sit-in in the capital.
As per Punjab Sales Tax on Services Act 2012, DJ Butt is liable to pay 16 percent on revenue earned through his event management services. The notice was served by Ayesha Ranjha of PRA.
Read: DJ Butt, PTI agree on formula for payment of liabilities
According to PRA, DJ Butt has not filed any income tax returns and neither is he registered with PRA. Records of PRA further show he earned Rs107 million during the six month period mentioned in the notice.
DJ Butt, on the other hand claims that he has not received the complete amount due to him from Pakistan Tehreek-i-Insaf (PTI), and hence the tax notice is not applicable.
Further, he plans to challenge the notice served by PRA as he claims he was not performing event management services during PTI's months-long sit-in last year. He has been asked to present himself at the PRA office in Lahore on 23 July.
Read more: Beloved DJ Butt in row with PTI over unpaid bill from dharna
Muhammad Asif, popularly known as DJ Butt, has been a permanent feature at PTI rallies and major party events. But the disc jockey soared to fame for his music and stage lighting during the PTI's months-long sit-in in Islamabad last year.