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Tax Bar Association (KTBA) on Monday requested to extend the date of e-filing of income tax returns for the tax year 2016 up to December 31, 2016. In a letter sent to Finance Minister Ishaq Dar, the KTBA said that the IRIS system had been malfunctioning till the end of October, 2016 and subsequently from November 1, 2016, it was improved and since then taxpayers and tax consultants were trying their level best and working day & night for tax compliance.
It further said that the last date of filing of sales tax, advance income tax under section 147 and monthly statements under section 165 of the Income Tax Ordinance, 2001 were on the same date, consequently, the system was again collapsed at the last hour on December 15, 2016 and majority of taxpayers were unable to file tax returns.
The letter requested to look into the matter in order to facilitate the genuine taxpayers and also the tax consultants who were regularly contributing into the national kitty as their moral and legal obligation as they were now unable to complete their backlog of three months in one and a half months period. Keeping the said in view, it has been requested to extend the date of e-filing of tax return and statements for the tax year 2016 up to December 31, 2016, the letter added.

Copyright Business Recorder, 2016

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