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. The Federal Board of Revenue (FBR) issued … Continue reading FBR’s powers to select taxpayers for audit, call for record