Tax Year 2024 Return Forms Set for Release by January 31
Karachi, January 28, 2024 – The Federal Board of Revenue (FBR) is mandated by income tax laws to release the final return forms for Tax Year 2024 by January 31, 2024.
Karachi, January 28, 2024 – The Federal Board of Revenue (FBR) is mandated by income tax laws to release the final return forms for Tax Year 2024 by January 31, 2024.
Karachi, December 8, 2023 – The Federal Board of Revenue (FBR), acting within the parameters of tax legislation, is compelled to unveil the income tax return forms by January 31, 2024, for the impending tax year 2024.
Karachi, August 1, 2023: The Karachi Tax Bar Association (KTBA) on Tuesday brought to light critical errors and mistakes present in the income tax return forms for the tax year 2023.
ISLAMABAD: Federal Board of Revenue (FBR) has extended the date for providing details of deemed income of immovable property up to December 31, 2022, where annual returns have already filed. In this regarding the FBR issued SRO 2052(I)/2022 on November 22, 2022 to introduce draft amendments to Income Tax Rules, 2002. Through the draft rules, […]
KARACHI: Federal Board of Revenue (FBR) may further extend the last date for filing income tax returns for tax year 2022. The FBR has already given one date extension from September 30, 2022 to October 31, 2022. Previously, the FBR extended the date on the complaints from the stakeholders that many errors on the IRIS […]
The Karachi Chamber of Commerce and Industry (KCCI) has called upon the Federal Board of Revenue (FBR) to extend the deadline for filing income tax returns, citing economic crises and political instability as the primary reasons for the request.
Calculating valuation of immovable property for deemed income under Section 7E of the Income Tax Ordinance, 2001 is remained an uphill task in completing income tax return for tax year 2022. Syed Rehan Hasan Jafri, President, Karachi Tax Bar Association (KTBA) expressed these views while talking to PkRevenue.com. He said that only couple of days […]
Pakistan Tax Bar Association (PTBA) has demanded the tax authorities of providing clear 90 days for return filing from the date when the portal is error free. In a letter sent to Asim Ahmad, chairman, Federal Board of Revenue (FBR) on Friday, the PTBA requested that the taxpayers be provided the statutory period of clear […]
The Karachi Tax Bar Association (KTBA) has strongly criticized tax authorities for their handling of unresolved issues surrounding the filing of income tax returns for the tax year 2022.
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI), the apex trade body of the country, has urged the tax authorities to give statutory time for filing tax return after removing all errors in the return form. “Proper legal time for compliance should be granted as per the statute after resolving all problems in […]