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TAXATION
FBR authorized to appoint special panels for tax audit

FBR authorized to appoint special panels for tax audit

Under Section 32A of Sales Tax Act, 1990 FBR is authorized to appoint special panels for conducting sales tax audit. The Federal Board of Revenue (FBR issued the Sales Tax Act, 1990 updated up to…

UPDATES
FBR nearly finalized procedure for third party audit of taxpayers

FBR nearly finalized procedure for third party audit of taxpayers

Taxpayers, including the corporate sector, may directly receive audit notices from third-party auditors including chartered accountant firms for complete audit of the tax affairs of taxpayers to be selected for audit. Federal Board of Revenue…