FBR urged to extend filing date to Dec 31

Published October 26, 2014
FCCI urges Ishaq Dar to extend deadline for filing of income tax returns. – Photo by APP
FCCI urges Ishaq Dar to extend deadline for filing of income tax returns. – Photo by APP

KARACHI: The Federa­tion of Pakistan Chambers of Commerce and Industry (FPCCI) urged Finance Minister Ishaq Dar on Saturday to extend the deadline for filing of income tax returns to Dec 31 from Oct 31.

FPCCI President Zakaria Usman said in a statement that taxpayers were facing many issues in filing tax returns on Federal Board of Revenue’s (FBR) website.

The newly launched e-filing system, IRIS, “is malfunctioning”, he said, adding that the old e-filing system under ‘ITR’ was better.

He also listed around 19 issues and problems being faced by taxpayers. He said that many a time the IRIS software did not even accept Normal Tax Regime and Final Tax Regime which should be automatically calculated by the system.

Published in Dawn, October 26th, 2014

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

ICJ rebuke
Updated 26 May, 2024

ICJ rebuke

The reason for Israel’s criminal behaviour is that it is protected by its powerful Western friends.
Hot spells
26 May, 2024

Hot spells

WITH Pakistan already dealing with a heatwave that has affected 26 districts since May 21, word from the climate...
Defiant stance
26 May, 2024

Defiant stance

AT a time when the country is in talks with the IMF for a medium-term loan crucial to bolstering the fragile ...
More pledges
Updated 25 May, 2024

More pledges

There needs to be continuity in economic policies, while development must be focused on bringing prosperity to the masses.
Pemra overreach
25 May, 2024

Pemra overreach

IT seems, at best, a misguided measure and, at worst, an attempt to abuse regulatory power to silence the media. A...
Enduring threat
25 May, 2024

Enduring threat

THE death this week of journalist Nasrullah Gadani, who succumbed to injuries after being attacked by gunmen, is yet...