Process for automated scrutiny of income tax returns introduced
ISLAMABAD: An automated scrutiny of income tax returns has been introduced to Income Tax Ordinance, 2001 through Finance Bill, 2020. For this purpose a new sub-section 2A has been inserted to Section 120 of Income Tax Ordinance, 2001 through the Finance Bill, 2020. The new sub-section 2A is as: “(2A) A return of income furnished […]