FBR collects 5.6 million financial transactions for detecting new taxpayers

fbr

KARACHI: The Federal Board of Revenue (FBR) has collected 5.6 million financial transactions up to June 30, 2016 from various sources for detecting new taxpayers.
The FBR said that the existing taxpayers were detected on the basis of CNIC; the data of non NTN holders was sent to NADRA for verification of addresses.
The detail of transactions collected from the sources are included:
taxpayers_source
The FBR issued notices under section 114 of the Income Tax Ordinance 2001. For this purpose an authority “Commissioner BTB (HQ) was created who was delegated powers to issue notices u/s 114 of the Income Tax Ordinance 2001. A special software “National Data Ware House (NDW)” was developed to monitor working of BTB units.
Data of all notices issued was uploaded in the jurisdiction of respective Commissioners BTB who distributed the work load among BTB officers. The field offices were also encouraged to identify new cases within respective jurisdiction.

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