{"id":74178,"date":"2021-02-15T17:37:18","date_gmt":"2021-02-15T12:37:18","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=74178"},"modified":"2021-02-16T12:32:37","modified_gmt":"2021-02-16T07:32:37","slug":"ombudsman-orders-action-against-non-compliant-property-withholding-agents","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/ombudsman-orders-action-against-non-compliant-property-withholding-agents.html","title":{"rendered":"Ombudsman orders action against non-compliant property withholding agents"},"content":{"rendered":"\n<p>Islamabad: Federal Tax Ombudsman Mushtaq Ahmad Sukhera has directed the Federal Board of Revenue (FBR) to initiate action against non-compliant withholding agents, a news source reported on February 15.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/fbr-abolish-withholding-taxes-phase-wise-manner.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR to abolish withholding taxes in phase-wise manner<\/a><\/p>\n\n\n\n<p>The ombudsman issued the order under Section 161 of Income Tax Ordinance. He further instructed the taxation agency to register all non-compliant withholding agents on the tax roll and ensure submission of withholding statements in terms of Section 165 of the ordinance.<\/p>\n\n\n\n<p>According to details, out of a total number of 11,273 withholding agents, 6,406 are not on tax roll as reflected by the data provided by the FBR.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/fbr-briefs-withholding-agents-new-tax-regime.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR briefs withholding agents on new tax regime<\/a><\/p>\n\n\n\n<p>Even most of the withholding agents, who are on NTN, are non-filers of withholding tax statements that they are required to submit under Section 165 of the ordinance. This causes large losses to the national exchequer.<\/p>\n\n\n\n<p>FBR has been directed to take action and submit a compliance report within 60 days.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Federal Tax Ombudsman Mushtaq Ahmad Sukhera has directed the Federal Board of Revenue (FBR) to initiate action against non-compliant withholding agents, a news source reported on February 15. Read: FBR to abolish withholding taxes in phase-wise manner The ombudsman issued the order under Section 161 of Income Tax Ordinance. He further instructed the taxation agency to register all non-compliant withholding agents on the tax roll and ensure submission of withholding statements in terms of Section 165 of the ordinance. According to details, out of a total number of 11,273 withholding agents, 6,406 are not on tax roll as reflected by the data provided by the FBR. Read: FBR briefs withholding agents on new tax regime Even most of the withholding agents, who are on NTN, are non-filers of withholding tax statements that they are required to submit under Section 165 of the ordinance. This causes large losses to the national exchequer. FBR has been directed to take action and submit a compliance report within 60 days.<\/p>\n","protected":false},"author":57,"featured_media":61403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[19230,45237,45238],"persona":[],"class_list":{"0":"post-74178","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-federal-board-of-revenue-fbr","9":"tag-non-compliant-withholding-agents","10":"tag-ombudsman-orders-action-against-non-compliant-property-withholding-agents","11":"cat-15015-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ombudsman orders action against non-compliant property withholding agents - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Federal Tax Ombudsman Mushtaq Ahmad Sukhera has directed the Federal Board of Revenue (FBR) to initiate action against non-compliant\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/ombudsman-orders-action-against-non-compliant-property-withholding-agents.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ombudsman orders action against non-compliant property withholding agents - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Federal Tax Ombudsman Mushtaq Ahmad Sukhera has directed the Federal Board of Revenue (FBR) to initiate action against non-compliant\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/ombudsman-orders-action-against-non-compliant-property-withholding-agents.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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