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Home Breaking News

FBR settles 25,323 appeals involving Rs900b tax

byCT Report
12/08/2021
in Breaking News, Islamabad, Latest News, Slider News
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ISLAMABAD: Federal Board of Revenue (FBR) settled 25,323 appeals involving tax revenue of around Rs900 billion during fiscal year 2020/2021.

Federal Board of Revenue Chairman Asim Ahmad praised the Legal Wing for disposing of 25,323 appeals involving tax revenue of Rs899.6 billion during the last fiscal year.

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He praised at a Video Link Conference (VLC) with Commissioners Appeals to review their performance during the Financial Year 2020-21.

The purpose of holding the conference was also to chalk out a workable strategy for disposal of pendency of appeals involving revenue of billions of rupees and to work out a strategy to dispose of manual income tax appeals by December 30, 2021 as per Income Tax Rules, 2002.

The conference was chaired by Dr. Waqar Masood Khan, Minister of State (MoS)/Special Assistant to PM (SAPM) on Finance and Revenue and Mr. Asim Ahmad, Secretary Revenue Division / Chairman, FBR.

Syed Ghulam Abbas Kazmi, Member Legal in his opening remarks presented an overview of the achievements of Legal Wing, FBR during the previous financial year.

Member Legal explained that Legal Wing, FBR and its thirty-three (33) Appeals Commissionerates have taken several measures to improve the litigation process of tax cases including the e-filing of appeals.

A new speedy system of appeal filing has been introduced and is working at its full potential since 1st January, 2021 and so far 20,415 appeals have been filed online.

Dr. Waqar Masood Khan, SAPM on Finance and Revenue in his address expressed present government’s strong and unfaltering resolve towards re-organization and transformation of the FBR.

He added that FBR is the backbone of the Public Finance of the country as it generates and collects tax revenue.

During his earlier discourses, he explained that he had dilated upon the importance of automation in FBR as an important component of reform initiatives of the Government.

He congratulated Chairman, FBR and Member Legal for successfully launching e-filing of appeals and noted that it had minimized the physical interaction between the taxpayer and the Commissioner Appeals, thereby reducing the cost of appeal filing.

He observed that it would also facilitate the offices of Commissioners (Appeals) to dispose of appeals efficiently in a paperless environment using the FBR’s Web Portal.

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