ISLAMABAD: FBR has initiated a countrywide exercise for conducting audit of urea/fertilizers dealers to ensure that they pay the correct amount of income tax on their earnings.

Third-party audit of fertilizer companies ordered

Notices have been issued for audit to a total number of 437 cases. The proceedings are on hands and shall shortly be finalised. Besides above, notices to all non-filers have also been issued by the concerned Inland Revenue Field Formations.

Copyright Business Recorder, 2024