The Pakistan Federal Board of Revenue announced the approval of the Audit Policy, 2019 on 26 August 2020.
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FBR APPROVES THE AUDIT POLICY 2019
Federal Board of Revenue has approved the Audit Policy, 2019 pertaining to Tax Year 2018. The Audit Policy, 2019 shall apply to 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.
FBR has added that criteria for selecti…