Tax Digest 3/2022 - INTRODUCTION OF E-TT SYSTEM FOR TELEGRAPHIC TRANSFER (TT) / ELECTRONIC FUNDS
- iqbal495
- Aug 7, 2023
- 1 min read
IRB has introduced new e-TT system where a unique account number (i.e. Virtual Account Number) will be generated as a payment identification for each taxpayer
• ·This will enable IRB to trace the funds transferred via electronic mediums by taxpayers to IRB’s accounts
• Therefore, taxpayers who wish to make payments to the IRB through Telegraphic Transfer, Electronic Funds Transfer and Interbank Giro are required to get a Virtual Account Number from the IRB