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Home Islamabad

FBR launches end-to-end income tax declaration module

byShahid Minhas
24/01/2019
in Islamabad, Latest News
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ISLAMABAD: Federal Board of Revenue (FBR) launched a complete end-to-end mechanism for Inland Revenue Services department under highly configurable Income Tax declaration module, it is learnt here.

Official sources told Customs Today that the board has implemented an end-to-end solution for the Inland Revenue department while also simplified the process of Universal Self-Assessment Order in such a way that taxpayer record will be updated by the authorities accordingly. However, the board has made the commissioner’s approval as mandatory for revising returns after sixty days of due date but for facilitating taxpayers under the Income Tax declaration module, the taxpayers can revise the returns with such approval, sources confirmed.

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Sources also added that under the income tax declaration module, the board has provided mechanism and standard version for resolving disputes of interpretation and eliminating calculation errors.

While it will have the facility and a highly advance mechanism for field offices to file manually received returns, sources added.

It is important to mention here that FBR has taken several measures to simplify procedures for paying taxes and to minimize contact between the taxpayers and the tax collectors.

In particular major improvements have been made through better and more extensive use of information technology during recent times.

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