BR100 Increased By (0.01%)
BR30 Increased By (0.53%)
KSE100 Increased By (0.28%)
KSE30 Increased By (0.29%)
AGHA 6.38 Increased By ▲ 0.06 (0.95%)
BECO 4.35 Increased By ▲ 0.08 (1.87%)
BML 62.55 Increased By ▲ 0.10 (0.16%)
BOP 31.39 Increased By ▲ 0.16 (0.51%)
CNERGY 11.73 Increased By ▲ 0.14 (1.21%)
CSIL 5.91 Increased By ▲ 0.19 (3.32%)
FCCL 61.71 Increased By ▲ 0.17 (0.28%)
FFL 14.79 Decreased By ▼ -0.23 (-1.53%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 6.32 Increased By ▲ 0.06 (0.96%)
KOSM 5.90 Increased By ▲ 0.34 (6.12%)
LOTCHEM 24.69 Increased By ▲ 0.01 (0.04%)
MLCF 103.93 Decreased By ▼ -0.15 (-0.14%)
NBP 173.32 Decreased By ▼ -1.96 (-1.12%)
NCPL 51.83 Decreased By ▼ -0.94 (-1.78%)
NPL 54.03 Decreased By ▼ -0.09 (-0.17%)
OGDC 315.87 Increased By ▲ 2.48 (0.79%)
PACE 9.26 Increased By ▲ 0.06 (0.65%)
PAEL 35.58 Decreased By ▼ -0.22 (-0.61%)
PIBTL 13.66 Increased By ▲ 0.19 (1.41%)
PPL 226.07 Increased By ▲ 4.26 (1.92%)
PRL 80.28 Increased By ▲ 1.20 (1.52%)
PTC 46.64 Decreased By ▼ -0.21 (-0.45%)
SSGC 23.82 Decreased By ▼ -0.05 (-0.21%)
TBL 9.24 Decreased By ▼ -0.07 (-0.75%)
TELE 7.55 Increased By ▲ 0.16 (2.17%)
TPL 24.54 Decreased By ▼ -0.57 (-2.27%)
TPLP 12.99 Increased By ▲ 0.48 (3.84%)
TREET 25.98 Decreased By ▼ -0.27 (-1.03%)
TRG 53.33 Decreased By ▼ -0.11 (-0.21%)

KARACHI: The country’s leading tax professional bodies have jointly called on the Federal Board of Revenue (FBR) to extend the income tax return filing deadline to November 15, 2025, citing persistent technical glitches in the IRIS portal and an effective reduction in the legally mandated filing period.

The Pakistan Tax Bar Association (PTBA) and Karachi Tax Bar Association (KTBA) made separate but parallel appeals to the tax authority, highlighting the challenges faced by taxpayers attempting to meet the October 15 deadline.

In a letter, PTBA said that taxpayers are taking the automated messages regarding assets, credit/debit card spending, and bank entries seriously.

PM urged to extend income tax returns deadline

“We believe that people are taking serious note of FBR’s messages and are now willing to file their tax returns with proper disclosure,” the letter said.

However, KTBA pointed to significant unresolved issues plaguing the IRIS portal despite multiple communications with the FBR.

The association had written detailed letters on August 28, September 16, September 19, and September 23, 2025, highlighting technical glitches and legal anomalies.

“A significant number of these issues remained unaddressed, creating substantial obstacles for taxpayers and their authorized representatives,” KTBA said in its letter.

Both associations emphasized that the late notification of the final return form has compressed the legally mandated filing window.

The section 118 of the Income Tax Ordinance, 2001, allows taxpayers a 92-day period from the “specified date” to file returns. However, the FBR notified the final return form on August 18, 2025, effectively reducing this window by 49 days.

“This extension is imperative to provide taxpayers a fair and reasonable opportunity to fulfill their legal duties without being penalized for no fault of their own,” KTBA said.

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.