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Taxpayers allowed to take credit on taxes paid under amnesty scheme

Taxpayers allowed to take credit on taxes paid under amnesty scheme

ISLAMABAD: The Federal Board of Revenue (FBR) has allowed taxpayers to take credit on taxes paid under the amnesty scheme against its liability for Tax Year 18.

Circular no 7 issued here said that all those people who have availed the amnesty scheme by whitening their assets can apply for credit on the taxes paid in TY18. For availing the credit, taxpayers will have to apply on the web portal of FBR.