that was my point thanks jaanbazam

How an Inspector Inland Revenue conducts inquiries?

An IIR must have letter of authorization from officer and inquiry must be in the respective jurisdiction. IIR must carry service card and introduce oneself and show letter of authorization to concerned entity and tell one about the purpose of visit. IIR should see that whether the NTN is properly displayed or not. If it is not IIR should ask the entity owner or representative to do so. The IIR may ask for ask for access to book of accounts whether physical or computerized. In case one is not registered IIR should just ask that for how long you have been owning this business? IIR should have taxman's eye should observe that the entity is above the tax benchmark or not. The officer may also ask for the installation of CCTV monitoring business premises. Write a factual inquiry and submit it to concerned officer, on which date and time must be properly displayed.

Thankyou so much Bro

Internal Survey:
It involves the usage of internal resources of FBR, all bank accounts (Commissioner or Board can ask NADRA to provide all bank accounts of a taxpayers' CNIC), SECP for all Stocks (Shares), PMEX for commodities.

External Survey:
It involves the survey of jurisdiction of IIRs (as previously explained as well as Broadening of tax base (registration of new taxpayers' into tax net)

Demand & Collection register:
It is one of the most important document to be kept and maintained by IIR. It must be updated as soon as any tax demand (arrears or current demand) is generated. It is to be updated as soon as the any collection (payment of tax liability is paid by the taxpayer through Computerized Payment receipt (CPR) is paid in State Bank or designated branches of National Bank of Pakistan).

TC all & Eid Mubarak to all

=> Demand & Collection Register:
1. Serial Number
2. National Tax Number
3. Name and address of assesses
4. Assessment year
5. Returned income
=> DEMAND
a. Assessed Income & Taxable Income
b. Super Tax on Companies
c. Super Tax on registered firms
d. Tax on Income of Individuals, AOPs
e. Surcharge u/s 205
f. Gross Demand (to be reduced by demand under section 60)
=> Pre-Assessment Payments
a. Section 50
b. Section 53, 161
c. Section 54
=> Adjustable amount
a. Section 53 (4), 87
- Net demand or refund
- Assessed under Section 161
- Date of issue of demand notice
=> Collection
a. Super Tax on companies
b. Income Tax on companies
c. Super Tax on Companies
d. Tax on income of Individuals, AOPs etc
e. Surcharge
- Date of collection in daily collection register
- Number on daily collection register
=> Misc Demand
a. Additional tax
b. Penalty
c. Section __

what is tax amnesty scheme? its beneficiaries? its salient features?

what is meant by additional tax?

Government of Pakistan has provided a voluntary tax compliance scheme in which the is a if a business comes into the tax net, one would be granted amnesty for being asked for sources of funds. Moreover, one would be granted a 1% tax of declared working capital as a tax for the tax payment up to fiscal year. Most of whole sellers have been forced to come in to tax net by higher amount of withholding rates as their margin (trading profit) if very narrow.


Govt is empowered to charge an additional tax which is above and beyond 17% of sales tax normally charged. It must not exceed another 17% of sales tax.

Up to fiscal year 2018. Higher withholding taxes on banking withdrawals for non-filers have compelled whole sellers to come in to tax net.

the concept of provisional assessment has been omitted from ito 2001 through finance act 2017.............anybody can view it on the front page of the fbr website under the heading finance act 2017 explanation heading........and once you open the folder view 25th heading.....