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Home Karachi

Filing of tax returns: KTBA calls for one more month extension

bySohail Rab
15/11/2014
in Karachi, Latest News
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KARACHI: Karachi Tax Bar Association (KTBA) President Syed Wasim Hashmi has once again requested the Federal Board of Revenue (FBR) to extend the date for filing of returns for the tax year-2014 for at least one more month.

In a letter to the FBR chairman, the KTBA president said that the members are facing problems in filing tax returns in new forms (manual with formula) and IRIS since September 16, 2014, as the update process is still continuing in the newly IRIS System from time to time, which hampers the filing process as the system was observed shutdown for several hours in a day.

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The KTBA president further that due to various reasons, the professional work of filing the returns have become torturous despite the fact that the Bar members are continuously working for more than 18 hours a day.

It may be mentioned here that the KTBA after the introduction of newly IRIS System for filing tax returns has requested twice for extension in the date of filing the tax returns for the year 2014.

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