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The Federal Board of Revenue (FBR) has issued draft of the electronic return for companies for Tax Year 2018. According to an SRO 1091(I)/2018 issued here on Wednesday by the FBR, the Board has issued draft return form for comments by the stakeholders. The draft would be finalized after seven days of publication of the notification. This notification would be applicable for Tax Year 2018. The FBR has amended Income Tax Rules 2002 for issuance of the draft of the new form for companies.

Copyright Business Recorder, 2018

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