Dhaka, July 16 -- The National Board of Revenue (NBR) has selected 15,494 income tax cases for audit through random selection method sensing tax evasion.
In order to ensure complete transparency in the method of selecting income tax returns for audit, the NBR has started the process of selecting income tax returns for audit in a fully-automated manner based on Risk Based Audit Selection Criterion, acaccording to an NBR media release.
To complete this process, the media release says, more time is needed to enter the complete information of all paper returns filed offline in the database.
In order to keep the audit activities moving, 0.5% of the returns of each circle filed for the tax year 2023-24 have been selected for audit by the Nat...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.