Budget 2021/2022: Inquiry powers of Commissioner Inland Revenue withdrawn

ISLAMABAD: The federal government has withdrawn the discretionary powers of conducing inquiry in certain tax matters by Commissioners Inland Revenue. Finance Minister Shaukat Tarin while presenting budget 2021/2022 on Friday announced curtailing the discretionary power of the tax authorities. He said that the discretionary powers of the income tax authorities are proposed to be curtailed: … Continue reading Budget 2021/2022: Inquiry powers of Commissioner Inland Revenue withdrawn