ISLAMABAD (APP) - Federal Board of Revenue (FBR) has denied contents of a news item appearing in a section of the press claiming the FBR has plans to arrest, jail and take similar steps against those guilty of holding black money even after the expiry of the tax investment scheme launched by the FBR. A spokesman of the FBR has clarified that sections of the report as it has appeared in the media are misleading and contain attributions out of context. "There is no truth in such reports and the FBR has yet to decide about the measures to be taken against those failing to benefit from the ongoing tax investment scheme," says the statement.