ISLAMABAD: The FBR has revised the procedure for monetary reward payment to the Customs officials in line with the performance management FBR transformation plan. In this regard, the FBR has issued an SRO 576(I)/2025 here on Wednesday. According to the notification, monetary reward shall be sanctioned to the Cadre Officers of Pakistan Customs Service (BS-17 and above) as per their ranking under the performance management FBR transformation plan approved by the Board. Copyright Business Recorder, 2025 INCOME TAX AUDIT IHC DISMISSES PLEAS AGAINST SELECTION Sohail Sarfraz Published about 5 hours ago ISLAMABAD: Islamabad High Court (IHC) has dismissed a series of writ petitions filed by taxpayers challenging their selection for income tax audit. In this regard, IHC has issued judgments in favour of the Federal Board of Revenue (FBR). Resultantly, the FBR will resume audits of taxpayers, who challenged this audit before the IHC. The taxpayers including poultry feed manufacturers contended that in view of Clause 105A of Part IV of the Second Schedule to the Income Tax Ordinance, 2001, the tax authorities are barred from selecting them for audit for a period of four years following the completion of their previous audit. In support of their argument, the petitioners placed reliance on the Federal Board of Revenue’s (FBR) Circular dated 21.07.2022. The writ petitions were heard by a single-member bench of the Islamabad High Court, comprising of Justice Muhammad Azam Khan. The FBR and its field formations engaged Advocate Osama Shahid to plead their case. He raised a preliminary objection regarding the maintainability of the writ petitions, arguing that mere selection for audit does not constitute an actionable…