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FBR’s AI system to prioritise to corporate, non-salary returns
ISLAMABAD: The Federal Board of Revenue’s (FBR) new AI system would give priority to corporate returns and non-salary returns in the first phase of audit through the FBR’s Compliance Risk Management (CRM) System. Sources told Business Recorder that the salary returns with short documents or short payments would be questioned through the CRM system, but the data of non-corporate returns would be examined for audit purposes. High-risk corporate cases would be selected for audit through the AI system. “We are not going after the salaried class under the new AI system”, they said. The AI system wo...
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