Heading: KTBA DEMANDS 2026 RETURN FILING DEADLINE EXTENSION AMID HIGH REPORTING REQUIREMENTS - 2026-09-11
Written by Faisal Shahnawaz in Taxation Karachi Tax Bar Association urges FBR to extend the Tax Year 2026 return deadline, citing increased disclosures, IRIS issues and growing compliance demands. KARACHI: The Karachi Tax Bar Association (KTBA) has urged the Federal Board of Revenue (FBR) to extend the deadline for filing income tax returns for Tax Year 2026, citing a substantial increase in reporting and disclosure requirements. The KTBA said the FBR’s objective of obtaining more comprehensive information through income tax return declarations had significantly increased the time required by taxpayers and tax professionals to prepare and electronically file accurate returns. The association called on the FBR to provide taxpayers with sufficient additional time to meet the enhanced reporting requirements and achieve the highest possible level of compliance. A KTBA delegation met FBR Chairman Rashid Mehmood Langrial in Karachi on September 9, 2026, to discuss several taxation matters, including income tax return filing, refunds of tax collected under Section 7E of the Income Tax Ordinance, 2001, taxpayer facilitation and measures to improve voluntary compliance. The FBR delegation included Member Inland Revenue (Operations) Zubair Bilal, Member Inland Revenue (Policy) Sajjad Taslim Azam and Chief Revenue Domain Officer of Pakistan Revenue Automation Limited (PRAL) Zain ul Abideen Sahi. The KTBA delegation was led by President Mehmood Bikiya and included former President Abdul Qadir Memon, Vice President Saud ul Hassan, General Secretary Shams Mohiuddin, Joint Secretary Abdul Wahab and Librarian Muhammad Tarique. IRIS return filing issues discussed The meeting reviewed technical problems affecting income tax return forms and the IRIS portal. The FBR acknowledged KTBA’s active engagement with PRAL to help resolve technical issues and facilitate timely return filing. According to the meeting, around 2.2 million income tax returns had been filed by September 9, compared with 1.724 million during the corresponding period of the previous year. The FBR and KTBA agreed that continued coordination was necessary to ensure the smooth functioning of the IRIS portal and…