The BTB performance is duly monitored by the International Monetary Fund. As per arrangement with IMF, 300,000 notices (u/s 114 of the Income Tax Ordinance 2001) have to be issued by June 2016. The performance of BTB up to April 2016 is tabulated below.
|
S.No. |
Task |
Achievement |
|
1 |
Notices issued u/s 114 of the Income Tax Ordinance 2001 |
279993 |
|
2 |
Income Tax Returns enforced |
57,742 |
|
2 |
Tax paid with returns |
Rs. 1,542 M |
|
3 |
Orders passed u/s 122 C of the Income Tax Ordinance 2001 |
72,673 |
|
4 |
Tax demand raised |
Rs.1,586 M |
|
5 |
Tax demand recovered |
Rs.851.75 M |