MULTAN: The Federal Board of Revenue (FBR) Regional Tax Office (RTO) is facing issues in filing wealth tax returns due to appearance of technical bugs in column code 7014.
According to the details, the Federal Board of Revenue launched a facility for taxpayers to file their tax returns online through IRIS system in whole Pakistan including Regional Tax Office Multan.
But IRIS system module is facing serious bug in filing wealth statements for taxpayers due to technical fault in it from last two days. The column code 7014 in wealth statements under the heading “Assets in others Name” has been disappeared from Tax Year 2017 and previous tax year wealth statements information are also missing which were already submitted in previous years.
This column is provided under SRO 1012(I)/2018 dated 17/08/2018 for tax year 2018 but it is not available in wealth statement module of tax year 2018 in IRIS and due to this technical issue wealth tax statements are not reconciled. Tax consultant and former President of Multan Tax Bar Association Muhammad Imran Ghazi told Customs Today that pathetic conditions of the FBR and its field offices are creating hardships for taxpayers in filing wealth taxes and appealed from Member IT FBR Khawaja Adnan Zaheer to remove technical bug immediately for smooth facilitation of filing tax returns.
