The PRA Appellate Tribunal has held that selling developed plots, including infrastructure, does not qualify as a taxable service under provincial sales tax. The tribunal annulled previous tax demands, emphasizing that the value addition merges into the property transfer and cannot be taxed as a separate service.
KTBA has called on the FBR to appoint a Commissioner for IR Appeals-V in Karachi, highlighting long-standing administrative gaps that have delayed hearings, reset stay applications, and caused hardship for taxpayers awaiting justice.
The Senate Standing Committee on Interior criticized FBR Chairman Rashid Mahmood Langrial for skipping key meetings and demanded his presence. The committee also reviewed the Rs250 million cigarette theft case, rising cybercrime complaints, and slow progress in high-profile murder investigations.
The Federal Tax Ombudsman has ordered the FBR to immediately dispose of all pending return-filing extension applications within three days. The FTO said taxpayers faced hardship as many timely applications remained stuck in the IRIS system, with some approvals even issued after the extended deadline had passed.
The Lahore High Court has annulled the PRA Appellate Tribunal’s decision in a withholding tax agent case, criticizing the tribunal for not reviewing or reconciling individual transactions. The court said the Tribunal ignored key legal questions and relied on flawed assumptions while determining the company’s tax liability.
The Punjab Revenue Authority has launched a stricter enforcement drive targeting beauty clinics earning crores annually but avoiding taxes, directing full registration by December and expanding digital monitoring to improve compliance.
The Federal Board of Revenue conducted a comprehensive tax filing awareness session for Marriott Hotel staff, offering step-by-step guidance, addressing common filing errors and emphasising the importance of timely compliance.
The federal government has agreed to overhaul the tax regime for multinational corporations, including ending the multiplicity of indirect taxes, reviewing Federal Excise Duty and shifting towards an export-oriented strategy to improve the business climate and retain foreign investors.
Traders in Peshawar have voiced concerns over “cumbersome” tax procedures, calling on the FBR to widen the tax base and simplify processes. During a session with the FBR Tax Facilitation Wing, business leaders highlighted issues such as complex filing systems and compliance challenges, urging authorities to take concrete measures to restore confidence and support the documented economy.
The Federal Board of Revenue has seized more than two dozen vehicles and motorcycles from Bahria Town in a Rs26bn tax dispute, with officials confirming the assets will be auctioned after legal proceedings. The move follows an earlier auction of a Bahria Town plot that generated Rs2.5bn, reflecting the FBR’s intensified push for tax recovery from major entities.