ISLAMABAD: Federal Board of Revenue (FBR) Member Operation-Inland Revenue Rehmatullah Khan Wazir has asked the taxpayers to resolve their issues through Alternate Dispute Resolution (ADR) system.
The FBR Member, through the letters sent to All Pakistan Tax Bar Association, all chambers and associations, KTBA and LTBA, said that as per the decision of the tax reform implementation committee (TRIC), new panels of ADRC for 15 major cities of Pakistan had been notified through SRO 209(I)/2017 on March 28, 2017.
The list of panels contains names of prominent persons such as retired judges (not below the level of district and session judge), chartered and cost accountants, advocates, tax practitioners, representatives of trade bodies/associations of reputable taxpayers.
Wazir said that ADR mechanism is the simple system whereby, the taxpayers can refer contentious issues for consideration and recommendations of the independent experts on the subject for making out of court settlement with the tax collectors in the light of such recommendations.
The Member urged the business representatives and other tax practitioners to publicize the measure of FBR in their circle of influence as to enable the maximum number of taxpayers to avail the benefit of ADR mechanism.
He said through this system taxpayers could not only save themselves from the unnecessary litigation but also help FBR to get legitimate revenue in a friendly measure.