Apr
30
Exclusive, Taxation
Sales Tax Act, 1990: FBR may posts IR officer to business premises
KARACHI: Federal Board of Revenue (FBR) may post an officer of Inland Revenue to the premises of a registered taxpayer to monitor sale, purchase and production activities. The Section 40 of updated Sales Tax Act, 1990 explained the powers of FBR and Inland Revenue officers under the law. Section 40: Searches under warrant Sub-Section (1): […]