c. No. 1 R  (500)SA-M(IR-0ps)/2026-27/96555-  Islamabad, the 01st September, 2026

Government of Pakistan Revenue Division Federal Board of Revenue Inland Revenue c. No. 1 R  (500)SA-M(IR-0ps)/2026-27/96555-                    Islamabad, the 01 st September, 2026 Corrigendum Income Tax Circular No. 01 of 2026-27 — IR-Operations (Income Tax) Subject:                         Mandatory Use of Compliance Risk Management (CRM) System for Initiation of Assessment Proceedings under the Income Tax Ordinance. 2001 — with effect from 1 st September, 2026 In continuation of the Board's Income Tax Circular No.01 of 2026-27 issued vide this office letter of even number dated 31st August, 2026, the contents of paragraph 2 thereof may be read as under, in supersession of the existing paragraph 2: Existin Para Para to be Read as With effect from 1st September 2026, it is hereby directed that no new amendment of assessment proceedings, including but not limited to proceedings under sections 121, 122, 122A, and 177 of the Income Tax Ordinance, 2001 , shall be initiated or amended by any officer of Inland…