FTO takes suo moto notice in pending 11,000 tax amnesty cases

KARACHI: Federal Tax Ombudsman (FTO) has taken suo moto notice in 11,000 cases related to tax amnesty scheme for tax year 2018, a tax bar said on Thursday. Read more »

FBR urged to resolve return filing issue of shopkeepers, paid taxes under amnesty

KARACHI: Karachi Taxpayers Association (KTBA) has urged Federal Board of Revenue (FBR) to resolve return filing by shopkeepers and persons paid duty and taxes under amnesty scheme. Read more »

FBR urged to resolve input adjustment on payment made through BOAD

KARACHI: Karachi Tax Bar Association (KTBA) on Thursday urged Federal Board of Revenue (FBR) to resolve the input adjustment issue on payment made through Bill of Additional Duty (BOAD). Read more »

KTBA proposes steps for exports growth without revenue loss

KARACHI: Karachi Tax Bar Association (KTBA) on Monday proposed steps to the Federal Board of Revenue (FBR) for the exports growth without any negative implications to the tax revenue. Read more »

KTBA submits observations on suspicious transaction reporting by jewelers, real estate agents

KARACHI: Karachi Tax Bar Association (KTBA) on Friday submitted its observations on reporting of suspicious transactions by jewelers and real estate agents to Federal Board of Revenue (FBR). The KTBA in a... Read more »

KTBA seeks date extension for Tax Year 2019 return filing

KARACHI: Karachi Tax Bar Association (KTBA) on Wednesday asked Federal Board of Revenue (FBR) to extend the last date for filing income tax returns for tax year 2019 in order to facilitate... Read more »

How taxpayers fail in filing returns by due date, KTBA questions FBR

KARACHI: A body of tax practitioners has questioned Federal Board of Revenue (FBR) that how taxpayers fail to file returns for tax year 2019 on September 30, 2019 when the tax authorities... Read more »

KTBA highlights glitches, lacunas in income tax return forms

KARACHI: Karachi Tax Bar Association (KTBA) on Friday pointed out glitches and lacunas in income tax return forms which resulted in difficulties in filing tax returns for tax year 2019 Read more »

KTBA refuses comments on draft return forms on given format

KARACHI: Karachi Tax Bar Association (KTBA) has refused the Federal Board of Revenue (FBR) for giving comments on draft return form for tax year 2019 as the present format of the draft... Read more »

CNIC condition not applicable on purchases below Rs50,000

KARACHI: The condition of providing CNIC details is not applicable on purchases up to Rs50,000 by a person, said Zeeshan Merchant, former vice president of Karachi Tax Bar Association (KTBA). Read more »

FBR urged to allow filing amnesty scheme declarations

KARACHI: Federal Board of Revenue (FBR) has been urged to allow those persons to file their declarations who have paid duty and taxes under amnesty scheme 2019 by due date. Read more »

KTBA urges prime minister for extending amnesty scheme for one month

KARACHI: Tax practitioners of Karachi Tax Bar Association (KTBA) have urged Prime Minister of Pakistan Imran Khan to extend the last date for availing tax amnesty scheme to July 31, 2019 from... Read more »