Got 176(1) Notice from FBR – What should you do?

INU Corporate > Blog > Got 176(1) Notice from FBR – What should you do?

176(1) (Notice to obtain information or evidence)

NOTICE UNDER SECTION 176 OF THE INCOME TAX ORDINANCE, 2001 FOR THE TAX YEAR 2016.

Please refer to the above subject.

It is intimated that M/S YYYYYYYY AND PRODUCTION COMPANIES ASSOCIATION, NTN 065XXXX-7, falls within the jurisdiction of this office for the purpose of withholding Taxes. During routine examination of your tax record it transpired that your organization has not filed Audited Accounts for the tax year 2016.

 In order to determine your accurate obligation in respect of withholding of taxes, you are requested to provide copies of Financial Statements / Audited Accounts for the tax year 2016.

This information is being called for under section 176 of the Income Tax Ordinance, 2001 with prior approval of the Commissioner Inland Revenue, Withholding Zone, Regional Tax Office, Islamabad.  The requisite information should reach this office on or before 05/03/2018 positively.

When do you receive 176(1) notice from FBR?

Why you got 176(1) notice from FBR?

What should you do after receiving 176(1) notice from FBR?

Reach out to help if you are unable to file your Tax Returns Properly

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