S.R.O. 697(I)/96, Islamabad, the 22nd August, 1996

SROS: S.R.O. 697(I)/96, Islamabad, the 22nd August, 1996 APPROVAL OF KEEPING BUSINESS RECORDS ON COMPUTER BYREGISTERED PERSON Notification No. S.R.O. 697(I)/96, dated 22nd August, 1996.”In exercise of the powers conferred by sub-section (3) of section 22 of the Sales Tax Act, 1990, the Central Board of Revenue is pleased to approve that a registered person may keep his business records on computer in such form and manner as he may wish to keep provided that he shall” (i) provide free access to the authorised 1[officer of sales tax] to the computer for the purpose of examining the records; (ii) generate such statements and make the same available to an authorised 1[officer of sales tax] as may be specified by him; (iii) generate…