GROUP MEMBERS:

adnan ASLAM 2017-ag-2580

AHMAD Abbas 2017-ag-2597
MUHAMMAD ASGHAR 2017-ag-2547
MUHAMMD AWAIS 2017-ag-2538
Syed Muhammad UmAR 2017-ag-2438
WHAT IS FBR

The Federal Board of Revenue (more commonly known

by its initials as FBR) is a semiautonomous federal
agency of Pakistan that is responsible fiscal laws and
collecting revenues for the Government of Pakistan .
 INTRODUCTION
The old name of federal board of revenue (FBR) is central
board of revenue (CBR). Income tax ordinance , 2001 uses the
word Board of FBR and CBR . Board is the highest tax
authority in pakintan . It has the powers of exercise the
general administration of income tax ordinance , 2001.It is
constituted under the federal board of revenue act , 2007 .
 HISTORY
The central board of revenue (CBR) , was created on April 01,
1924 through the enactment of central board of revenue act ,
1924 . In 1944 , a full fledged revenue division was established
under the Ministry of Finance . After independence , this
arrangement continued up to 31st August 1960 when on the
recommendation of the Administrative Re-Organization
committee, CBR was made an attached department of Ministry of
Finance . In 1947 , further changes were made in the organization
and subsequently the post of chairman CBR was created .
 CBR TO FBR
By the enactment of FBR Act 2007 , in July
2007 the central Board of revenue (CBR) has
now become the Federal Board of revenue
(FBR) .
 ORGANIZATION OF FBR
The Federal Board of Revenue presently comprises a Chairman
and eleven members , appointed by the Federal Government as
follows ,
 Three line members which include Member (Direct taxes) ,
Member (Sales Tax and federal excise) , and Member
(Customs).
 Four functional members are Members Fiscal (Research and
statistics) , Member (Human Resource Management) , Member
(Audit), and Member Administration.
 ORGANIZATION OF FBR CONT…..
 Four Support members include Member (Legal) , Member
(Tax policy & Reforms ) , Member (Information Management
System) , and Member (Facilitation and Tax Education.
 HEAD OF BOARD -CHAIRMAN
In the existing setup , the chairman , FBR , being the
executive head of the Board as well as secretary revenue
division has the responsibility for;
 Formulation and Administration of fiscal policies.
 Levy and collection of Federal taxes.
 Judicial function of hearing of appeals.
 FBR
Chief Commissioner inland
commissioner revenue (Appeals)
inland revenue

Commissioners Commissioner inland revenue Other officers

Additional Deputy Assistant Officer Inland Superinten Auditors Inspectors

commissioner Commissioner commissioner
inland inland inland
inland revenue dents inland inland
revenue revenue revenue revenue Audit inland revenue revenue
officers revenue
 MAIN FUNCTION OF RBR
 Main Function Of FBR are as fellows:
 APPOINTMENT:
 The board may appoint as many Chief Commissioner Inland Revenue,
Commissioner Inland Revenue, Commissioner Inland Revenue(Appeals),
Additional Commissioner Inland Revenue, Deputy Commissioner Inland
Revenue, Assistant Commissioner Inland Revenue ,Inland Revenue Officers,
Inland Revenue Audit Officers, Superintendent Inland Revenue , Inspector
Inland Revenue, Auditors Inland Revenue and such other executive or
ministerial officers and staff as may be necessary.
MAIN FUNCTION OF FBR (CONT……
 APPOINTMENT of Special Audit Penal:
 For the purpose of audit including forensic audit of income tax the board may appoint as
many special Audit panels which will be headed by a Chairman, being an officer of Inland
Revenue and to comprise two or more members from the following:

 i)an officer or officers or inland revenue,

 ii) A firm of charted accountants:
 Iii) A firm of cost and management accounting ;
 Or any other person directed by FBR.
MAIN FUNCTION OF FBR (CONT……
 APPOINTENT OF FIRM OF ACCOUNTENT:
 The board is empowered to appoint a firm of Charted Accountants or Cost
and Management Accountants to conduct the audit of any person . If such
a firm is appointed for this purpose, The authorized persons of the firm may
take all the necessary steps for the purpose of Audit. These steps may
include entering the premises belonging to the tax payer , inspect and seize
books of accounts or document if required for the performance of job
entrusted to them. The person if authorized through a written permission by
Commissioner Of Inland Revenue may also take evidence on oath. The
scope of such audit is determined by the Board on case to case basis.
MAIN FUNCTION OF FBR (CONT……
JURISDICTION:
a) The Board , By an order , may assign the functions and areas to Chief
Commissioner Inland Revenue , The Commissioner Inland Revenue ,
Commissioner Inland Revenue (Appeals), Officer of Inland Revenue.

b) The chief Commissioner also may assign some powers to Officer Inland
Revenue with the approval of Board. Officer of Inland Revenue shall act like
Commissioner .Such powers shall be treated as having been exercised and
performed by the Chief Commissioner Inland Revenue .
POWER AND FUNCTIONS OF THE FBR.
The followings are major Power and Functions of FBR for the proper
administration of Income Tax Law in Pakistan.
1) Declare Tax Period
2) Method of Accounting
3) Appointment of Subordinates
4) Appointment of Auditors
5) Appointment of Surveyor
POWER AND FUNCTIONS OF THE FBR.
6) Delegation of Powers
7) Determination of jurisdiction
8) Appointment of Valuers
9) Make Rules for Registration
10) Appointment of Deduction
 POWER AND FUNCTIONS OF THE FBR.
 11) Distribution of Work
 12) Approval of Charitable Institution
 13)Power to collect information regarding exempt Income
 14) Approval of Funds
 15) Circular issued by Board
 16) Unexplained Income of Tax
 17) Approval of Leasing companies and Modarba
 18) Approval of Industrial Undertaking
POWER AND FUNCTIONS OF THE FBR.
 19) Procedures for furnishing Returns
 20)Selection for Audit By the Board
 21)Publish Active Tax Payers List
 22)Approval of Research Institution.