FBR asked to fix shopkeepers’ return filing issues

KARACHI: Tax practitioners have advised the Federal Board of Revenue (FBR) to resolve issues faced by shopkeepers and small traders in filing their tax returns.

In a letter sent to FBR Chairman Syed Shabbar Zaidi, the Karachi Tax Bar Association (KTBA) said the return filing format was not released yet. The tax bar said that despite several extensions in filing tax returns for tax year 2019, the issue of return filing by shopkeepers and small traders was yet to be resolved.

“The group of taxpayers consisting of shopkeepers and traders of the country who still have to be given, inter alia, a final format of return for their tax filing, which the FBR introduced vide its notification under Sections 99B and 9C of the Ordinance and committed that the same would be applicable right from the very Tax Year of 2019.”

The KTBA said the final notification, however, has not yet been issued by the FBR either to confirm or to dispel their confusion owing to which, this large group of taxpayers has not yet been able to file their tax return.