- Karachi Tax Bar Association (KTBA) concerned about IRIS portal’s restriction on auto revision of sales tax returns
- KTBA highlights issue in official letter to Director General of Withholding Taxes at FBR
- Section 26(3) of Sales Tax Act, 1990 allows for revision of sales tax returns within 120 days
- Approval from Commissioner Inland Revenue usually required for revision, waived in certain cases
- IRIS system glitch prevents revision within 60 days even with additional tax payment
- KTBA calls for immediate action to correct IRIS portal and ensure compliance with Section 26(3)
Source: pkrevenue.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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