KTBA Archives - Page 6 of 24

KTBA Calls for Immediate Appointment of Refund Commissioner

March 5, 2025March 5, 2025Shahnawaz Akhter

Karachi, March 5, 2025 – The Karachi Tax Bar Association (KTBA) has urged the Federal Board of Revenue (FBR) to take immediate action by appointing a Commissioner Inland Revenue at Zone-II, Corporate Tax Office (CTO), Karachi, to facilitate the efficient processing and timely issuance of refunds.

KTBA Raises Alarm Over Tax Turmoil for Salaried Class

February 13, 2025February 13, 2025Shahnawaz Akhter

Karachi, February 13, 2025 – The Karachi Tax Bar Association (KTBA) has called upon the Federal Board of Revenue (FBR) to immediately withdraw the show-cause notices served to salaried individuals regarding tax recoveries.

KTBA Calls for FBR to Limit Password Change Policy to Sales Tax

February 10, 2025February 10, 2025Shahnawaz Akhter

Karachi, February 10, 2025 – The Karachi Tax Bar Association (KTBA) has strongly recommended that the Federal Board of Revenue (FBR) confine its newly implemented password change policy to sales tax filers alone.

KTBA Urges FBR to Delay SRO 55 Compliance for Two Months

February 8, 2025February 8, 2025Shahnawaz Akhter

Karachi, February 8, 2025 – The Karachi Tax Bar Association (KTBA) has called on the Federal Board of Revenue (FBR) to defer the implementation of SRO 55(I)/2025, which introduces key modifications to sales tax return filing.

KTBA proposes solutions to eliminate sales tax return issues

February 4, 2025February 4, 2025Shahnawaz Akhter

Karachi, February 4, 2025 – The Karachi Tax Bar Association (KTBA) has proposed comprehensive solutions to resolve the persistent issues taxpayers face while filing sales tax returns.

IRIS restricts auto revision of sales tax return: KTBA

January 31, 2025January 31, 2025Shahnawaz Akhter

Karachi, January 31, 2025 – The Karachi Tax Bar Association (KTBA) has raised concerns regarding the IRIS portal’s restriction on the auto revision of sales tax returns, causing challenges for taxpayers who need to rectify their declarations.

KTBA Calls for Fixing Anomaly in Sales Tax Return

January 29, 2025January 29, 2025Shahnawaz Akhter

The Karachi Tax Bar Association (KTBA) has raised an important issue with the Federal Board of Revenue (FBR) regarding a problem in the sales tax return process.

Karachi Tax Bar Highlights Challenges in Property Valuation

January 28, 2025January 28, 2025Shahnawaz Akhter

Karachi, January 28, 2025 – The Karachi Tax Bar Association (KTBA) has raised serious concerns regarding the fair market value (FMV) assessment of multi-storied built-up properties in Karachi.

Ali A. Rahim Elected Unopposed as KTBA President

December 11, 2024December 11, 2024Shahnawaz Akhter

Karachi, December 11, 2024 – Ali A. Rahim has been elected unopposed as the President of the Karachi Tax Bar Association (KTBA) for the tax year 2025.

KTBA Urges FBR to Allow Unconditional Return Filing Extensions

October 14, 2024October 14, 2024Shahnawaz Akhter

Karachi, October 14, 2024 – The Karachi Tax Bar Association (KTBA) has called on the Federal Board of Revenue (FBR) to accept applications for extensions in return filing deadlines without imposing restrictive conditions. In a formal communication addressed to Badshah Khan Wazir, Member of IR Operations at FBR, KTBA President Syed Zafar Ahmad raised several […]

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