Pakistan: According to the most recent information, taxpayers can amend their income tax forms through the Federal Board of Revenue (FBR) computerized system for the tax year 2023 within sixty days without requiring authorization from Mr. Jawaid Iqbal, Commissioner of Inland Revenue. In a letter to FBR, the Karachi Tax Bar Association (KTBA) brought up a few difficulties, but it noted that these were either resolved already or had nothing to do with filing the return for the tax year 2023. Consequently, the FBR has addressed the queries posed by the KTBA in a concise and unambiguous manner.
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The KTBA raised the issue of not allowing return modifications. The FBR responded by stating that filers of the IT Return for 2023 are able to make adjustments to their return without the commissioner’s approval within 60 days of filing. The KTBA questioned the FBR over the non-availability of data U/s.116A (inner columns).
The FBR’s response indicates that the section 116A submission is in order. If there are certain circumstances with specifics that are impeding the submission of the 2023 tax return, FBR may discuss them. The KTBA raised the issue of pay income with a one-time service receipt. IRIS is asking that the following be submitted in the file:
- Balance sheet
- Profit and loss account
- Attachment of accounts
The FBR states that a separate salary return is available. A person who receives income from a business and a salary under Section 153 (minimum tax) is required by law to attach the PL account. The group claims that there is no column on the SME Return that shows the tax deducted for Section 153 and other sections. The FBR’s response states that the SME return is prepared using the notified form and that the reported issue is not a system issue.
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In the event of a person’s death, the legal heirs are required to file the deceased taxpayer’s last return; consequently, since the deceased cannot verify the return, the legal heir’s name and CNIC should be allowed to be placed in the verification tab.
The FBR responded, “It’s a suggestion, not an issue.” The status or position of an Association of Persons (AOPs) member on the member’s tab is incorrectly shown as director rather than member or partner because there is another mechanism for identifying a taxpayer as deceased. FBR emphasized that a solution has already been found for the problem.
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