Consultancy

Revision by commissioner Section 122A

Posted on by Muhammad Waheed Ensari

Revision by commissioner Section 122A

Revision by commissioner Section 122A: Currently, under the law, there is no time limit for issuing order if any order is remanded back to any lower authority by the Commissioner for modification, alteration, implementation of directions or de novo proceedings.

However, now the Bill proposes that if any order is remanded back to any lower authority by the Commissioner for modification, alteration, implementation of directions or de novo proceedings, the order giving effect to the directions of the Commissioner shall be issued within one hundred and twenty days.

For more information on FBR’s new regulations / circulars/ SROs/ amendments in taxation laws in Pakistan please visit https://www.fbr.gov.pk/

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Muhammad Waheed Ensari

Founder & CEO, BeSpoke Consulting and Training with 20+ Years of Professional Experience (International and National) in the field of Business Development, Taxation, Accounting, Finance & Auditing with good understanding of financial management system. Strong exposure in the field of general accounting, G/L maintenance, financial reporting and Internal control procedures. Expert in handling people of diverse nationalities, and renowned for being an excellent team player with a positive “can do” attitude. Energetic & self-motivated with a high degree of cultural sensitivity.

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