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CAF-2 · Chapter 15 · Question 15 of 15

Under Section 175B of the Income Tax Ordinance, 2001, which authority is empowered to compute the "indicative income and tax liability" of a person using artificial intelligence or mathematical modeling for the broadening of the tax base?

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Reveal answer & explanation

Correct answer: C) C) The National Database and Registration Authority (NADRA).

Explanation

The National Database and Registration Authority (NADRA) may compute indicative income and tax liability by use of artificial intelligence, mathematical or statistical modeling, which the FBR can then use to issue tax notices.

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