Jawed Aijaz & Co.

05/09/2022

After the amendments made in the Finance Act 2022, the Legal Framework of IT Services in Pakistan.

28/01/2022

Here's a brief understanding of taxation for IT Services or IT Enabled Services from Team JAJ.

21/01/2022

Explanation in Amendments in Income Tax Ordinance, 2001 (Finance Supplementary Act, 2022)

31/12/2021

Happy New Year !!

13/07/2021

19/05/2021

ISLAMABAD:
The Federal Board of Revenue (FBR) has introduced online hearing of tax audit and assessment cases.

“The FBR has launched the software of electronic hearing of tax audit and assessment cases to facilitate the taxpayers,” said a press release issued on Tuesday. “This has been done by enabling and functionalising the e-hearing module in FBR’s Iris portal.”

The module enables online hearing in the form of dedicated hearing rooms established in field formations and from the places of taxpayers.

E-hearing would be recorded and archived for further legal and administrative utilisation, it said.

In the first phase, the module has been launched and tested in the Large Taxpayers Office (LTO) Islamabad, Regional Tax Office (RTO) Rawalpindi, RTO Faisalabad and RTO Peshawar.

FBR fails to implement FTO's proposal

Online e-hearings through the dedicated e-hearing rooms and from the places of taxpayers have been enabled at these four premises.

In the second phase, e-hearings are being enabled and operationalised for all the remaining field formations.

The FBR has directed all the Inland Revenue chief commissioners to establish dedicated e-hearing rooms in their respective field offices by May 31, 2021. The module will allow the head office to join any hearing at any time without any prior notice for administrative appraisal of the system.

The release added that with introduction of the e-hearing module, the taxpayers would no longer be required to visit the offices for hearings and physical hearings in offices would be phased out completely.

Accordingly, no physical hearings will be allowed with effect from July 1, 2021 in any of the field formations and all hearings will be conducted through the e-hearing module.

Source - The Express Tribune

08/04/2021

Federal Board of Revenue and all the four Provincial Revenue Authorities signed a Memorandum of Understanding (MOU) for a single sales tax return and single web portal. Signing of the MOU is one of the most significant components of harmonization of sales tax initiative currently underway between the Federation and the provinces.

On behalf of FBR, the MoU was signed by Chairman FBR whereas the heads of all provincial revenue authorities signed the document on behalf of their respective departments. The representatives of Khyber Pakhtunkhwa Revenue Authority (KPRA) and Balochistan Revenue Authority (BRA) were physically present in the ceremony whereas the representatives of Sindh Revenue Board (SRB) and Punjab Revenue Authority (PRA) participated virtually through Zoom.

While addressing on the occasion, Special Assistant to Prime Minister on Revenue Dr. Waqar Masood Khan said that Signing of the document was another step towards completion of Prime Minister’s vision to make FBR fully automated. “This step will bring facilitation for taxpayers and it will help a great deal in improving the country’s position on ‘Ease of Doing Business Index’, he added. SA to PM on Revenue further added that now persons associated with businesses would only have to file one Sales Tax Return instead of many returns. He further said that this step would help bring simplification in tax system and procedure. He expressed commitment that other issues currently existing between FBR and Provincial Revenue Authorities would soon be resolved which would further bring ease for business community. The Chairman FBR expressed his views about the facilitation this MOU will provide to taxpayers and that it would lead to simplification of tax system and related procedures.

SA to PM on Revenue congratulated Chairman FBR, heads of Provincial Revenue Authorities and FBR’s Policy Wing Team on achieving this significant milestone.

26/03/2021