Companies must improve accounting systems: Najeeb


Chief Commissioner of Income Tax, Corporate Tax Office Karachi Dr. Najeeb Ahmed Memon has said that companies should improve their accounting system, if they take advantage of the facility of online cloud, taxation will also get easier.

Not issuing any new notices in last 3 months, also improving audits, taking notice of complaints and harassment of business community.

He expressed these views during a visit to the Korangi Association of Trade and Industry (KATI) President KATI Faraz-ur-Rehman, Deputy Patron-in-Chief Zubair Chhaya, Senior Vice President Nighat Awan, Vice President Muslim Mohamedi, Standing Committee Chairman Tariq Malik, Former Presidents Masood Naqi, Danish Khan, Johar Qandhari, Commissioner Zafar Rafiq, Gardhari Mal Magwar, Naib Ali Pathan, Muhammad Aslam Marri, Maryam Habib, Rafiq-ur-Rehman and others were also present.

Memon added that doors are always open for industrialists including KATI, and if there is any problem, report to me or my commissioners immediately. He said that the biggest problem for us is the invoices for fake units. The business community should avoid using invoices for such fake units.