ISLAMABAD: Audit selection of taxpayers will be held at FBR headquarters in September of this year. The selection will be made on the tax returns filed by taxpayers in year 2013.
As per details, about 45 thousands taxpayers from cooperate and non-cooperate sector will be selected for audit for year 2013-14. Audit selection will be made through National tax number (NTN) in Sales Tax, Income Tax and Federal Excise Duty departments differently.
FBR Auditor General will examine the tax information of companies and individuals on the basis of tax returns filed in 2013. FBR warned the individuals and companies that if they found guilty of tax invasion, they will be fined and have to pay their tax dues for previous years. Last year 42 thousand taxpayers from cooperate and non-cooperate sector were selected, while this year number has increased because of the government efforts to enlarge tax net.