The Federal Board of Revenue has empowered the Commissioner Inland Revenue (Zone-I), RTO, Karachi to deal with the tax-related cases of Karachi Stock Exchange (KSE), Central Depository Company (CDC), brokers/members/agents of KSE and CDC. In this regard, the FBR has issued a notification here on Friday.
According to three different notifications, the FBR has issued powers and jurisdiction of Chief Commissioners of Regional Tax Offices (RTOs) including RTO Karachi, RTO Karachi-I and RTO Karachi-II under the restructuring plan. According to a notification, the concerned commissioners would be empowered to exercise powers under the Income Tax Ordinance, 2001, and Rules thereunder; Sales Tax Act, 1990 and relevant Rules, Federal Excise Act, 2005 Rules thereunder; Wealth Tax Act, 1963 (Repealed) and Finance Act, 1989 (Act No V of 1989), as amended vide Finance Act, 2010.
Commissioner Inland Revenue (Zone-I), RTO, Karachi would have jurisdiction over all cases or classes of cases or persons or classes of persons of following sectors, whose place of business is situated in the areas, falling within the limits of former Civil Division Karachi ie non-resident.
He would be empowered to deal with all cases of statutory agents/representatives assessable under sections 172 and 173 of the said Ordinance, falling within the former Civil Division Karachi, in respect of non-resident persons or classes of persons, whether their income arises in one province or more and existing in Zone-I, RTO, Karachi.
He would also deal with the cases of manufacturer/dealers/exporters and traders of textiles & fabrics made-ups including ginning, spinning, sizing, weaving, bleaching, dyeing, printing, calendaring, mercerising and other allied processes etc, mutual funds/participation funds, Modarabas, leasing, Karachi Stock Exchange, Central Depository Company, brokers/members/agents of Karachi Stock Exchange and Central Depository Company, Corporate/Financial Consultancy/Consultants.
Commissioner Inland Revenue (Zone-I), RTO, Karachi would also have jurisdiction of all cases of companies (other than the cases assigned to Large Taxpayers' Unit, Karachi, RTO-II, Karachi and RTO-III, Karachi) whose names begin with alphabets A to D except otherwise specified; all (non-corporate) cases or classes of cases or persons or classes of persons (other than those assigned to Regional Tax Offices-II, Karachi and RTO-III, Karachi), falling within the territorial jurisdiction of Karachi Cantt, Clifton Cantt, and Manora Cantt of Civil District of Karachi Province of Sindh."
He would also deal with all cases of directors of companies, partners of firms or member of AOP falling within the jurisdiction of Large Taxpayers Unit, Karachi and all cases of directors of companies, partners of firms or member of AOP provided that where a person is a director, partner or member, in more than one company, firm or AOP, as the case may be jurisdiction over his case shall lie with the Division having jurisdiction over the company, firm or AOP, as the case may be, whose name come first in alphabetical order.
He would deal with the monitoring and Enforcement of withholding taxes under the Provisions of the laws and rules specified in column 3 (of the table) in respect of all withholding agents existing in the territorial limits of Zone-I of RTO, Karachi.
Commissioner Inland Revenue (Zone-II), RTO, Karachi have assigned the all cases or classes of cases or persons or classes of persons or areas whose place of business is situated within the limits of former Civil Division Karachi including commercial Banks, Non-Banking Financial Institutions, Investment Banks including Investment Companies/Securities Companies excluding Members/Brokers/Agents of Karachi Stock Exchange and Central Depository Company, Money Changers/Forex Dealers, Insurance, manufacturers/dealers/exporters and traders of garments, Textile Fabrics, Terry Towels and other made ups," travel agents, general sales agencies of foreign airlines or travel agencies, shipping and maritime transport operation of ships as owners or charters of ships, and leasing of ships and operation of aircraft and air transport and leasing of aircraft, recruitment agencies/human resource and manpower providers, exploration, production refining, blending, distribution of petroleum including natural gases or extraction of mineral deposits, etc and specialised service providers to them.
He would also deal with all cases of companies (other than the cases assigned to Large Taxpayers' Unit, Karachi, RTO-II, Karachi and RTO-III, Karachi) whose names begin with alphabets E to H except otherwise specified.
He would also have jurisdiction over cases of all (non-corporate) cases or classes of cases or persons or classes of persons (other than those assigned to Regional Tax Offices-II, Karachi and RTO-III, Karachi), falling within the territorial jurisdiction of Saddar Town, Lyari Town, and Keamari Town of Civil District of Karachi of the Province of Sindh and all cases of directors of companies, partners of firms or member of AOP provided that where a person is a director, partner or member, in more than one company, firm or AOP, as the case may be jurisdiction over his case shall lie with the Division having jurisdiction over the company, firm or AOP, as the case may be, whose name come first in alphabetic order.
He would be engaged in the monitoring and Enforcement of withholding taxes under the Provisions of the laws and rules specified in column 3 (of the table) in respect of all withholding agents existing in the territorial limits of Zone-II of RTO, Karachi. All cases of statutory agents/representatives assessable under sections 172 and 173 of the said Ordinance, falling within the former Civil Division Karachi, in respect of non-resident persons or classes of persons, whether their income arises in one province or more and existing in Zone-II, RTO, Karachi.
Commissioner Inland Revenue (Information Processing and TFD), RTO, Karachi would have jurisdiction over all cases or classes of cases or persons or classes of persons or areas falling within the limits of former civil Division, Karachi and assigned to RTO, Karachi, RTO-II, Karachi and RTO-III, Karachi (the IP/TFD Divisions of aforesaid RTOs shall be One/common).
He would also be assigned for the maintenance of physical and electronic records; Receipt of communication from Tax Facilitation Division, Enforcement Divisions, Legal Division, Audit Divisions and other Inland Revenue Authorities; data entry of receipts and information contained in the communication from Tax Facilitation Division, Enforcement Divisions, Audit Divisions and other Inland Revenue Authorities; cross matching of information collected from taxpayers and other sources and issuance of discrepancy report to Audit Divisions, dispatch of hard copies to different Divisions on demand; and storage of information, documents, statements, returns and all other communications received from other Divisions, Inland Revenue Authorities and sources.
He would receive returns, statements, statutory notices, documents, applications from taxpayers, mail from other Inland Revenue Authorities, tax payment receipts (challans) from banks, and all outside communications and sort and disseminate information, documents, returns, statements and mail mentioned to concerned Inland Revenue Authorities. Communicate assessment orders/penalty orders and demand notices to taxpayers.
Commissioner Inland Revenue (Human Resource Management Division), RTO, Karachi would support line management in identifying HR needs of the Unit, to ensure staff recruitment in line with FBR policies, training and development of easily retrievable employees' data.
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