Computerized Balloting For Selection of Audit Cases for Tax Year 2018 Held

The ceremony for Parametric computer balloting as per the Audit Policy, 2019 for selection of cases for audit for Tax Year 2018 in respect of persons or classes of persons falling under all or any of the three domestic Federal Tax Statutes i.e. Income Tax Ordinance 2001, Sales Tax Act 1990, and Federal Excise Act 2005 was held at FBR Headquarter, Islamabad.

The criterion for selection of cases (for all taxes) for Tax Year 2018 is risk based and parametric. Cases have been selected on scientific approach for which a software has been designed and put in place named as “Risk Based Audit Management System” (RAMS). This software empowers Federal Board of Revenue to focus on non-compliant taxpayers and thus facilitate compliant taxpayers helping build confidence of taxpayers in the Audit system.

#tax #incometax #salestax #audit



Leave a Reply