It is requested to extend the last date in respect of companies to January 31, 2017 as all the tax practitioners/advocates/chartered accounts engaged in the profession of taxation are busy in the preparation of Returns of Individuals/AOP's, who have failed to submit their returns by 15.12.2016 while the accounts in respect of companies are under finalisation/audit. We also understand the target in respect of Individuals/AOP's has not been achieved for Tax Year 2016 even today by FBR. All the professionals are very much pre-occupied for the submission of returns since 30.09.2016 without any reasonable rest/gap. Also provide them some relief to finalise / prepare the returns of their clients for companies in a smooth & peaceful atmosphere. "However, we have requested the PTAA members to direct their clients to deposit the tax liability in respect of limited companies by 31.12.2016," Javed Iqbal Qazi added.
It is requested to extend the last date in respect of companies to January 31, 2017 as all the tax practitioners/advocates/chartered accounts engaged in the profession of taxation are busy in the preparation of Returns of Individuals/AOP's, who have failed to submit their returns by 15.12.2016 while the accounts in respect of companies are under finalisation/audit. We also understand the target in respect of Individuals/AOP's has not been achieved for Tax Year 2016 even today by FBR. All the professionals are very much pre-occupied for the submission of returns since 30.09.2016 without any reasonable rest/gap. Also provide them some relief to finalise / prepare the returns of their clients for companies in a smooth & peaceful atmosphere. "However, we have requested the PTAA members to direct their clients to deposit the tax liability in respect of limited companies by 31.12.2016," Javed Iqbal Qazi added.