Islamabad: The Federal Board of Revenue (FBR) on Thursday made it mandatory for different categories of integrated businesses to complete online integration with the board’s computer system, a news source reported.
The FBR issued a new rule amending the Income Tax Rules 2002 for the documentation of transactions pertaining to these businesses for accurate payment of the income tax due. FBR has made online integration compulsory for the following business categories:
Medical care centres
Medical diagnostic laboratories
Photographers
Inter-city travel by road
Beauty parlour services
Clinics & slimming centre services
Guest houses
Marriage halls & marquees
Retailers (manufacturer-cum-retailer, wholesaler-cum-retailer, importer-cum-retailer, or any other person who combines retail sale activity with another business activity)
The FBR notification also mentioned some business categories not requiring online integration with the board. On the other hand, those required to do so are to register each point of sale to activate the integration, along with certain information required by the FBR.
The notification stated that FBR would provide a facility on its website to the customers of businesses integrated online for verifying if their bills or invoices were reported to the board’s computer system. In case of non-verification, the customers can upload images of their bill or invoices to this portal.
