21-Nov-2023: S.R.O. 1588 of 2023 – Windfall Income of Banks
24-Oct-2023: PE of a Non-Resident depends on Stay of the Non-Resident, not on the Stay of Project SC
30-Sep-2023: Extension in date of filing of Income Tax Returns for Tax Year 2023 upto October 31, 2023
18-Sep-2023: Collection of Duties/Taxes on 30th September, 2023
11-Sep-2023: No Response Tab in IRIS 2.0 and Single Rectification in a Year
06-Sep-2023: IRIS 2.0: Urgent Resolutions Required
05-Sep-2023: S.R.O. 1185(I)/2023 – Amendment in Sales Tax Rules, 2006
05-Sep-2023: S.R.O. 1189(I)/2023 – Establishment of Check Posts for Enforcement of Provisions of Section 40D of the Sales Tax Act, 1990
Case Law Update #14, 01 September 2023
Case Law Update #13, 01 September 2023
Case Law Update #12, 25 August 2023
17-Aug-2023: Further Extension in due date for E-Deposit and for E-Filing of Sindh Sales Tax Return: July, 2023
20-Jul-2023: S.R.O. Notification 934(I)/2023 – Regarding amendment in Clause(a) of Sub-rule(2) of Rule 40D of the Income Tax Rules, 2002
Case Law Update #10, 20 July 2023
Case Law Update #9, 19 July 2023
Basic Professional Development Program 2023
27-Jun-2023: S.R.O. Notification No. 779 of 2023 – Manual Income Tax Return – Business Individuals (TY 2023)
27-Jun-2023: S.R.O. Notification No. 778 of 2023 – Online Income Tax Return Forms for Tax Year 2023
27-Jun-2023: S.R.O. Notification No. 777 of 2023 – Foreign Income and Assets Statement for Resident Individuals (TY 2023)
27-Jun-2023: S.R.O. 775 of 2023 – Amendment in S.R.O. 966 of 2022 dated 30-06-2022
27-Jun-2023: S.R.O. 774 of 2023 – Amendment in S.R.O. 645 of 2018 dated 24-05-2018
S.R.O. 773 of 2023 – Amendment in S.R.O. 1261 of 2007 dated 31-12-2007
27-Jun-2023: S.R.O. 772 of 2023 – Amendment in S.R.O. 693 of 2006 dated 01-07-2006
27-Jun-2023: S.R.O. 771 of 2023 – Amendment in S.R.O. 577 of 2005 dated 06-06-2005
31-May-2023: S.R.O. 640(I)/2023 – Regarding Rule 13N, Rule 19H of Income Tax Rules, 2002
09-Jun-2023: Collection of Duty & Taxes in the Month of June, 2023
17-Apr-2023: Tax Collection and extended working hours on 29th & 30th April, 2023
Cricket Match
Sindh Revenue Board Ramazan Timing
Federal Government Ramazan Timing
ATIR Ramazan Timing
Sindh High Court Ramazan Timing
State Bank of Pakistan Ramazan Timing
Federal Board of Revenue Ramazan Timing
Karachi Tax Bar Association Bar room Ramazan Timing
28-Feb-2023: Finance (Supplementary) Act, 2023 – Explanation of Important amendments in Sales Tax Act, 1990 and Federal Excise Act, 2005
28-Feb-2023: S.R.O. 229(I)2023 – Insertion of new Chapter XIIIA in Income Tax Rules, 2002 under the title Record of Beneficial Owners
27-Feb-2023: S.R.O. 226(I)/2023 – Addition of a new sub-rule (5) in rule 8 of the Seventh Schedule to the Income Tax Ordinance, 2001
30-Jan-2023: S.R.O.82(I)/2023 – Protocol amending the existing convention for the Avoidance of Double Taxation and Prevention of Fiscal Evasion with respect to Taxes on Income between Pakistan and Tajikistan
25-Jan-2023: S.R.O. 72(I)/2023 – Exemption of Income Tax on Goods for Relief Operations for Flood Affectees
25-Jan-2023: S.R.O70(I)/2023 – Exemption from Sales Tax on the Import and Supply of the Donation Consignments and Relief Items as certified by NDMA or a PDMA for Relief Operations for Flood Affectees
12-Dec-2022: SRO2200(I)2022-Exemption_Capital_Value_Tax_8_Finance_Act

About Us

On 12th July, 1956, the stalwarts like Mr. Ismail D. Lambat, Mr. H. Shaban, Mirza Adam Khan G, Mr. Ismail Bhimani, Mr. Shaukat Ali Syed, Mr. Ghufran Ahmed, Mr. Masud Ahmed Abbasi, Mr. Mubin Haq Siddiqui, Mr. Y.S. Shaikh and Mr. Silar Shah, founded Income Tax Practitioners’ Association with the object to provide a platform to the tax consultants...

Objectives

Our objectives is to study problems of Accountancy, Audit, and Commercial and Laws affecting Taxation and to keep a close watch on the practical working of the income Tax and other taxation laws. We also look after, safeguard and protect the rights and privileges of the members of the Association.

By Laws

The introduction of By Law of the Association is to keep a close watch on the practical working of the income Tax and other taxation laws.To establish promote and maintain high standards of honesty, efficiency and integrity among the members of the Association in the conduct of profession so as to enhance the status, dignity, prestige and honour of the profession.

Recent Events

Flag Hoisting Ceremony on Independence Day of Pakistan
Discussion on issues related IRIS 2.0
Sales Tax Training Program
Professional Discussion on the issues related to Online Return Forms

Committee Members 2023

Syed Zafar Ahmed

President

Iqbal Ahmad Abdan

Vice President

Muhammad Mehmood Bikiya

General Secretary

Abdul Wahab

Joint Secretary

Shiraz Khan

LIBRARIAN

KTBA's letters to FBR

Video Gallery

Professional Discussion on Budget Proposals 2022-23

Professional Discussion on Budget Proposals 2022-23

Webinar on Single Sales Tax Return – IRIS

Discussion on issues related to Income Tax Return Forms