KARACHI: Pakistan Tax Advisors Association (PTAA) has approached Prime Minister Shahid Khaqan Abbasi for extension in date for filing of income tax returns upto December 15, 2017.
In a communication to the PM, PTAA Chairman Javed Iqbal Qazi requested that the returns of Total Income in respect of companies having closing other than June 30th, Individuals & Association of Persons are due by October 31, 2017.
The Return in respect of Limited Companies was put on the web on 19.10.2017 while Return for Individuals & Association of Person was loaded Officially on the Net on 28.09.2017; which definitely is not a sufficient time allowed for filing, as compared to 90 days allowed by law.
All the Tax Practitioners, Chartered Accountants & Advocates engaged in the profession of Taxation are busy in the preparation of Tax Returns of their clients and as per our information till date less than 50% of Total Returns have been e-filed while for balance of all the Returns they are striving hard but cannot achieve the target due to late providing of Tax Return Forms on the system and non-operation of the web site due to heavy load (probably due to lack of domain width). Further, the prevailing uncertain political conditions in the Country the Taxpayers are undecided and hesitant in coming forward for filing/submission of Returns by the due date.
We have already requested the worthy Chairman Federal Board of Revenue, Islamabad for extension of time but till date no action has been taken by him, he maintained.
It is the duty of Federal Government to facilitate the public/Taxpayers and it is, therefore most respectfully prayed that the Chairman Federal Board of Revenue be directed to extend the date of submission of Returns to 15.12.2017 instead of 31.10.2017 in the best interest of justice & fair play, Javed Iqbal Qazi added.
