KTBA seeks corrected return form, formal notification from FBR

The Karachi Tax Bar Association has urged the Federal Board of Revenue to formally notify the Tax Year 2026 income tax return, even though taxpayers are already being asked to file it on the IRIS portal. In a letter to the FBR, the association warned that without a final notice the return's legal footing stays unclear and could lead to future disputes. Mettis Global reported the bar body's concerns on September 14, 2026.

The association's letter of August 10, 2026 notes that a draft was open to stakeholder comment in May, and it lodged detailed objections then. Although the consultation has concluded, the Second Schedule of the Income Tax Rules, 2002 still has not been amended to prescribe the form. The letter also lists IRIS faults, including a disabled refund facility and no downloadable acknowledgement after filing.

The bar body also raised problems with partnership returns, which cannot be filed unless profit-sharing shares total precisely 100%, and with the portal's refusal to let filers amend Tax Year 2026 returns already submitted, even though the law allows changes within 60 days. It also sought an Excel upload option, made manual financial statement entry optional where files are already uploaded, and proposed dropping the chassis number demand for older vehicles. The association urged prompt notification and fixes to the IRIS portal.