Archive · Business Recorder
IR Commissioners’ powers taken back: FBR wing to only conduct faceless audits, assessments
ISLAMABAD: The Federal Board of Revenue (FBR) Thursday withdrawn discretionary powers of the Commissioners Inland Revenue to unilaterally conduct audit and assessments of taxpayers through direct interactions under section 177 or section 214C and proceedings under section 111 (unexplained income) of the Income Tax Ordinance 2001. The FBR has issued an S.R.O. 1665(I)2026 to amend Income Tax Rules, 2002 on Thursday. Now, the National Faceless Center of the FBR would only conduct faceless audit and assessments against taxpayers under section 177 or section 214C and proceedings under section 111 (...
ZAZTEK archives the headline, summary and publication date so the story stays findable. The full article remains the publisher's. Read it at Business Recorder →