APTBA seeks relaxation from CBR

Published September 20, 2003

KARACHI, Sept 19: The All Pakistan Tax Bar Association (APTBA) has urged the Central Board of Revenue (CBR) to withdraw the condition of keeping books of account for the year 2003.

In a statement issued on Friday, the general secretary APTBA has also pointed out that salaried class who is declaring taxable salary up to Rs200,000 are exempted from filing the wealth statement whereas on the other hand the Central Board of Revenue has made compulsory submission of wealth statement for other classes of taxpayers.

He asked the CBR to remove the discrimination and exempt from filing the wealth statement to every taxpayer who is going to declare taxable income up to Rs200,000.

He further said that there was a fear amongst the business community that in the absence of any criteria for selection of cases for total audit under the USAS the taxpayers would be left at the mercy of assessing officers.

Opinion

Editorial

Doctor attacked
09 Jun, 2026

Doctor attacked

AN act of reprehensible violence has shaken the medical community. On Saturday, an employee of the Provincial Civil...
AJK flare-up
Updated 09 Jun, 2026

AJK flare-up

The situation started deteriorating after a trader affiliated with the JAAC was reportedly shot in an altercation with law-enforcers.
Fault lines
09 Jun, 2026

Fault lines

THE April 8 ceasefire that halted hostilities between Israel and Iran has encountered its most serious test yet....
Soft on traders
08 Jun, 2026

Soft on traders

THE Fixed Tax Asaan Scheme for traders with an annual turnover of up to Rs200m has been designed as a ‘pragmatic...
Ceasefire in name
Updated 08 Jun, 2026

Ceasefire in name

Both sides accuse the other of violating the truce that was supposed to halt the conflict in April, yet neither appears willing to abandon negotiations altogether.
Damaged childhoods
08 Jun, 2026

Damaged childhoods

CHILD abuse is so prevalent that the UN ranked Pakistan as the least safe country for children. Even so, more than...