Taxpayers require to retain record of past six years
In a bid to streamline tax compliance and enhance transparency, the Federal Board of Revenue (FBR) has re-emphasized the statutory requirement for taxpayers to retain records for a period of six years. This obligation is outlined in Section 24 of the Sales Tax Act, 1990, and serves as a crucial aspect of maintaining accurate financial … Continue reading Taxpayers require to retain record of past six years
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