FBR notifies transfers of senior BS-19-20 IRS officers

Sep 27

Taxation

FBR notifies transfers of senior BS-19-20 IRS officers

ISLAMABAD: The Federal Board of Revenue (FBR) on Monday notified transfers and postings of senior officers of Inland Revenue Service (IRS) in BS-19 and BS-20 with immediate effect until further orders. The FBR announced transfers and postings of following IRS officers: 01. Ms. Hina Akram (Inland Revenue Service/BS-20) has been transferred and posted as Director, […]

by Hamza Shahnawaz

FBR transfers IRS officers of BS-17-18-19

Sep 27

Taxation

FBR transfers IRS officers of BS-17-18-19

ISLAMABAD: Federal Board of Revenue (FBR) on Monday announced transfers and postings of officers of Inland Revenue Service (IRS) in BS-17-18-19 with immediate effect and further orders. The FBR notified transfers and postings of the following IRS offices: 01. Dr. Muhammad Babar Chohan (Inland Revenue Service/BS-19) has been transferred and posted as Additional Director, Directorate […]

by Faisal Shahnawaz

FBR’s powers to select taxpayers for audit, call for record

Sep 27

Taxation

FBR’s powers to select taxpayers for audit, call for record

Section 214 of Income Tax Ordinance, 2001 has explained that all income tax authorities are required to observe and follow the orders, instructions and directions issued by the Federal Board of Revenue (FBR). The FBR is has also been empowered to select taxpayers for audit and call for the record.

by Faisal Shahnawaz

Sections 211, 212 and 213 of Income Tax Ordinance

Sep 26

Taxation

Sections 211, 212 and 213 of Income Tax Ordinance

The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2021. The Ordinance incorporated amendments brought through Finance Act, 2021. Following is the text of Sections 211, 212 and 213 of the Income Tax Ordinance, 2001: 211. Power or function exercised. —(1) Where, by virtue of an order under section 210, a an officer of Inland Revenue […]

by Faisal Shahnawaz

Delegation of powers by Commissioner Inland Revenue

Sep 26

Taxation

Delegation of powers by Commissioner Inland Revenue

Section 210 of Income Tax Ordinance, 2001 has outlined the delegation of powers by Commissioner Inland Revenue to his subordinate officers.

by Faisal Shahnawaz

Jurisdiction of income tax authorities under Section 209

Sep 26

Taxation

Jurisdiction of income tax authorities under Section 209

Section 209 of Income Tax Ordinance, 2001 has defined jurisdiction of income tax authorities such as chief commissioner, commissioner and commissioner (appeals) to exercise power. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2021. The Ordinance incorporated amendments brought through Finance Act, 2021. Following is the text of Section 209 of the Income Tax Ordinance, […]

by Faisal Shahnawaz

Appointment of income tax authorities under Section 208

Sep 26

Taxation

Appointment of income tax authorities under Section 208

Section 208 of Income Tax Ordinance, 2001 has empowered the Federal Board of Revenue (FBR) to appoint income tax authorities to exercise powers under the ordinance. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2021. The Ordinance incorporated amendments brought through Finance Act, 2021. Following is the text of Section 208 of the Income Tax […]

by Faisal Shahnawaz

Income tax authorities defined under section 207

Sep 26

Taxation

Income tax authorities defined under section 207

Section 207 of Income Tax Ordinance, 2001 has explained income tax authorities to exercise powers as defined in the ordinance. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2021. The Ordinance incorporated amendments brought through Finance Act, 2021. Following is the text of Section 207 of the Income Tax Ordinance, 2001: 207. Income tax authorities.— […]

by Faisal Shahnawaz

FBR’s circulars may not binding on taxpayers

Sep 26

Taxation

FBR’s circulars may not binding on taxpayers

Section 206 of Income Tax Ordinance, 2001 has explained the powers of the Federal Board of Revenue (FBR) to issues circulars for tax authorities. However, these circulars shall not be binding on a taxpayer. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2021. The Ordinance incorporated amendments brought through Finance Act, 2021. Following […]

by Faisal Shahnawaz