FinanceNews

CBR audit officials denied access to records

ISLAMABAD (December 20 2006): The regional income tax officials have shown reluctance to provide tax records of different companies/units to CBR Directorate-General Inspection and Internal Audit for unearthing discrepancies/violations of rules.

It is learnt that the issue was discussed in the last Commissioners' conference and instructions were issued to field formations for compliance. Sources said that DG Inspection and Internal Audit had informed the Board that the records were not provided by field formations, and response to audit observations was lukewarm. The Board has issued instructions to the regional offices to fully cooperate with the internal inspection authorities.

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