AUDIT UNDER SECTION 177 ( INCOME TAX                     ORDINANCE 2001)

The Commissioner may call for any record or documents including books of accounts  under this Ordinance ( Property documents, vehicles ,assets , or any other) for conducting audit  of the income tax affairs of the person.The Commissioner also have power to access data kept by the person.

 The Commissioner may, after recording reasons in writing call for the record or documents       required from taxpayer and the reasons shall be communicated to taxpayer for requiring record.

 Provided that Commissioner shall call for record of the taxpayers after expiry of the six years from the end of tax year to which it relates. 

  After obtaining necessary record / reply where necessary record is not maintained  , The Commissioner shall conduct an audit of income tax affairs , enquiry into expenditure ,assets and liabilities and 

any other information which he deem necessary.

After completion of audit Commissioner may ( if consider necessary)  amend the assessment U/S ( Sub Section 1 or) of Section 122 as the case may be.

The Board may also appoint a Firm of Chartered Accountant ,a Firm of Cost and Management Accountants to conduct audit of income tax affairs.

IF A PERSON FAILS TO PRODUCE RECORD REQUIRED FOR AUDIT  , The Commissioner 

may make best judgement assessment U/S 121.

 You can also contact me if you have any query / audit related issue.