Federal Board of Revenue has conducted computer ballot for selection of cases for audit pertaining to tax year 2011. The selection has been made on the basis of various risk parameters developed after consultation with all stakeholders. Mr. Zulfiqar Khan, President Pakistan Tax Bar Association pressed the button for selection of cases. Representatives of All Pakistan Tax Bar Association, Islamabad / Rawalpindi Tax Bar Association, Federation of Pakistan Chambers of Commerce and Industry, Islamabad Chamber of Commerce and Industry, Rawalpindi chamber of Commerce and Industry, Members of Media and senior officials of FBR were present on the occasion.
Mr. Mustafa Ashraf, Member (Taxpayers Audit) while welcoming the participants stated that payment of tax is national duty of all citizens, particularly those who are earning higher incomes. He informed the audience that FBR, through Universal Self Assessment Scheme, has reposed full confidence in the taxpayers’ community. However, there are certain people who shun their responsibility by either not paying taxes or paying less than their due share. The selection of approximately 15% of returns filed in LTUs, 5% of returns filed by corporate cases and 2% of returns filed by non-corporate taxpayers in RTOs is only to promote voluntary compliance. The selection is based on the parameters devised after consultation with all stakeholders.
Mr. Ijaz Hussain, Member (Inland Revenue) while addressing the audience informed that FBR has ensured transparency in the process of selection of cases for audit. The list of cases selected for audit has been placed on FBR’s website showing taxpayers’ National Tax Number only without displaying their names.
Mohammad Shahzad
Secretary PR