Federal Board of Revenue has issued The Audit Policy 2018.
According to this Audit Policy 2018, the would conduct computer ballot on parametric basis for selection of 2.3% of cases for audit out of the total filers after exclusions in Income Tax for Tax Year 2017. For Sales Tax and FED, the FBR would select 2.5% and 7.7% cases for audit respectively out of the total filers after exclusions for tax periods corresponding to accounting period adopted for the purpose of return of income for TY 2017 under the Income Tax Ordinance 2001For Audit Policy 2018, the FBR would select an overall 2.3% of total cases available after exclusions for Audit in Income Tax, Sales Tax, and FED.
Please click on the link mentioned hereunder to view the Entire Audit Policy 2018.
