AIRLINK 175.36 Increased By ▲ 1.53 (0.88%)
BOP 13.09 Decreased By ▼ -0.07 (-0.53%)
CNERGY 7.37 Decreased By ▼ -0.03 (-0.41%)
FCCL 43.87 Increased By ▲ 0.34 (0.78%)
FFL 14.81 Decreased By ▼ -0.04 (-0.27%)
FLYNG 26.51 Increased By ▲ 0.10 (0.38%)
HUBC 131.48 Increased By ▲ 0.27 (0.21%)
HUMNL 13.21 Increased By ▲ 0.01 (0.08%)
KEL 4.40 Decreased By ▼ -0.03 (-0.68%)
KOSM 6.00 Decreased By ▼ -0.01 (-0.17%)
MLCF 56.42 Increased By ▲ 1.39 (2.53%)
OGDC 217.24 Decreased By ▼ -1.58 (-0.72%)
PACE 5.89 Decreased By ▼ -0.03 (-0.51%)
PAEL 41.10 Decreased By ▼ -0.12 (-0.29%)
PIAHCLA 16.51 Increased By ▲ 0.08 (0.49%)
PIBTL 9.52 Decreased By ▼ -0.19 (-1.96%)
POWER 11.51 Increased By ▲ 0.01 (0.09%)
PPL 184.23 Decreased By ▼ -2.44 (-1.31%)
PRL 34.45 Increased By ▲ 0.27 (0.79%)
PTC 23.11 Increased By ▲ 0.15 (0.65%)
SEARL 93.50 Decreased By ▼ -0.50 (-0.53%)
SILK 1.16 Increased By ▲ 0.01 (0.87%)
SSGC 36.84 Decreased By ▼ -0.19 (-0.51%)
SYM 16.43 Increased By ▲ 0.76 (4.85%)
TELE 7.74 Decreased By ▼ -0.04 (-0.51%)
TPLP 10.78 Decreased By ▼ -0.09 (-0.83%)
TRG 59.34 Decreased By ▼ -1.02 (-1.69%)
WAVESAPP 10.75 Decreased By ▼ -0.10 (-0.92%)
WTL 1.31 Decreased By ▼ -0.02 (-1.5%)
YOUW 3.79 Increased By ▲ 0.01 (0.26%)
BR100 12,096 Decreased By -51.6 (-0.42%)
BR30 36,827 Decreased By -270.2 (-0.73%)
KSE100 114,085 Decreased By -93.1 (-0.08%)
KSE30 35,258 Decreased By -52.2 (-0.15%)

KARACHI: Karachi Tax Bar Association (KTBA) has now highlighted two more glitches in an updated version of FBR’s IRIS 2.0.

In its third letter sent to the chairman FBR, the KTBA outlined two more glitches, saying that they are making it difficult or impossible for taxpayers to properly file their taxes or respond to government notices.

It said that this new glitch in the system has emerged recently and is pertained to the inability of the taxpayer to respond to notices issued by IR Officers (IROs) following the modifications of orders in appeal orders by the Commissioner Inland Revenue- Appeals (CIR-A).

Furthermore, KTBA said that after a CIR-A modifies an assessment order, the concerned IRO issues a notice to the taxpayer for further proceedings, for whom there is currently no option available within the IRIS 2.0 to submit his reply or response.

The second glitch limits taxpayers to filing only one rectification application per tax year, regardless of the number of proceedings that may require correction. This restriction handicaps taxpayers undergoing multiple parallel proceedings, the KTBA said and requested for this limitation to be removed.

It said that the issues were discussed in depth during a recent video conference between FBR officials and representatives of the KTBA. While the revenue board agreed to look into resolving the problems, no definite timeline was provided.

Copyright Business Recorder, 2023

Comments

Comments are closed.