ISLAMABAD: Experts have asked the Federal Board of Revenue (FBR) to provide another seven days for understanding SRO 1448(I)/2024 pertaining to the changes of the Active Taxpayers List Rules. In a communication to FBR on Wednesday, real estate analyst Muhammad Ahsan Malik said that the notification in the draft form pertains to changes made in the ATL rules which are going to affect common man and taxpayers but there is no explanatory note or Statement of its effect and intent given in the notification. Therefore this notification cannot be understood by the general public because it is just a list of deletions and additions in the existing rules but what is the impact of those additions and amendments has not been provided by FBR. It is therefore recommended that another seven days’ notice be provided for comments by the general public and FBR must publish a comparative statement of the intended changes and state how the proposed changes are going to affect the taxpayers and general public. This is very important because without it, this draft SRO is just a formality and the FBR is trying to hide behind technicalities and will amend the rules just to make legal compliance of publishing it for comments whereas the real effect will remain hidden from the eyes of the general public, he added. Under S.R.O. 1448(I)/2024, the FBR will also include name of a person in the Active Taxpayers List (ATL), who will files return for the latest tax year, by the due date or extended due date by the Commissioner…