|
Income Tax Rules, 2002
CHAPTER-XIX TAX CLEARANCE CERTIFICATE
From: 2023-11-01 - To: 0000-00-00 1[231E.- Special Audit Panel.- (1) This rule shall under section 177 of the Ordinance apply to all cases for conducting audit by the special audit panel as determined by the Commissioner in the light of sub-section (1B) of section 210 of the Ordinance. (2) The Board may appoint as many special audit panels as may be necessary, comprising two or more members from the following, namely:- (a) an officer or officers of Inland Revenue; (b) a firm of chartered accountants as defined under the Chartered Accountants Ordinance, 1961 (X of 1961); (c) a firm of cost and management accountants as defined under the Cost and Management Accountants Act, 1966 (XIV of 1966); or (d) any other person as directed by the Board. (3) Board shall invite firm of Chartered Accountant or Cost and Management Accountant through advertisement and shall determine their eligibility and remuneration on case to case basis or on the basis as determined by the Board. (4) Special audit panel shall conduct audit, including a forensic audit of the income tax affairs of:- (a) any person, or (b) classes of persons (5) The Commissioner shall determine the scope of audit under sub-rule (4) on case- to-case basis. (6) Special audit panel shall be headed by a chairperson who shall be an officer of Inland Revenue. (7) The chairperson of special audit panel shall be responsible for the procedure which may inter- alia include the following, namely:- (a) to decide in consultation with the Commissioner about the place of sitting of the special audit panel; (b) to specify date and time for conducting audit; (c) to supervise the proceedings of audit; (d) to issue notices by courier or registered post or electronic mail to the taxpayer under audit; (e) to requisition and produce records, documents, information from the taxpayer under audit and from other persons in respect of the taxpayer under audit; and (f) to ensure attendance of the taxpayer for hearing in person or through an…
|