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ISLAMABAD: The constitution of the Alternative Dispute Resolution Committee (ADRC) has failed to resolve the issue of a tax dispute of Rs55 billion between the telecom companies and the Federal Board of Revenue (FBR).

The FBR Member Inland Revenue (Operations), Dr Muhammad Ashfaq Ahmed, Wednesday, informed the Senate Standing Committee on Finance that the ADRC is an excellent forum to resolve tax disputes between the tax department and the taxpayers.

Now, the decision of the ADRC is binding upon the FBR.

The FBR is refining the ADRC mechanism to resolve tax disputes through this forum.

The FBR Member Inland Revenue (Operations) stated that there is a taxability dispute of Rs55 billion between the FBR and the telcos.

However, the matter could not be resolved through the forums of the ADRC.

He informed the committee that in order to reduce litigation and disputes, the mechanism of ADRC has been strengthened.

Necessary changes have been made in section 134A of the Ordinance to the effect: Time limit to constitute committee has been curtailed to 30 days from 60 days.

Time limit to decide cases has been curtailed to 60 days from 120 days by committee.

In case of failure to decide, powers to constitute second committee have been provided.

The committee can be constituted even if criminal proceedings have been initiated in a case or mixed question of fact and law is involved, the FBR member added.

Copyright Business Recorder, 2021

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