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Reading: FBR asked to remove flaws from tax laws
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PhotoNews Pakistan > Business > FBR asked to remove flaws from tax laws
Business

FBR asked to remove flaws from tax laws

Web Desk
By Web Desk Published August 21, 2014 1 Min Read
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The Karachi Tax Bar Association (KTBA) has urged the Federal Board of Revenue (FBR) to remove certain flaws from the amended tax laws to make e-filing of sales tax returns hassle-free.

Taxpayers failed to e-file their returns for July through FBR’s web-portal because of amendments in the Finance Act 2014, says the tax bar. This is because some appendices are not in agreement with the sales tax returns, it says.

The association has also urged the tax revenue authority to allow extension in filing of sales tax returns for the current fiscal year starting from July 1, 2014.

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