The deadline for the Federal Board of Revenue (FBR) to file tax returns for the fiscal year 2020-21 expires tomorrow, with most salaried individuals looking for an 'expert' who will be with them throughout the year. File tax returns with the addition and subtraction of Rs.
Despite the gradual simplification of the process of filing income tax returns, most people still turn to a tax lawyer or accountant. Take itTaxpayers, on the other hand, said that the main reason for not submitting the returns themselves was to avoid the hassle of accounting and not to keep a systematic account of the debts throughout the year. They do not 'recycle' the information, so they hire an expert.
Urdu News spoke to a number of salaried individuals who have been filing income tax returns for years but still hire a lawyer or an accountant for the job. The main reason for doing so is not to keep track of religion throughout the year and then to avoid the hassle of accumulation and subtraction at the right time, all the people resort to an 'expert' who 'estimates' Let's make sure there are no clutter in the tax returns, and no further taxes have to be paid.
Tax Adviser Mohammad Jamal told Urdu News that the system for filing tax returns has become as simple and easy as it is nowadays. The main reason is that he is saving taxes.
He said that tax lawyers add such expenses in the statements to avoid taxes and also to get the data reconciled.
The FBR had earlier launched a website to facilitate the process of filing tax returns, and provided all tax-related forms and information on the tax portal. However, this portal was very technical, and in order to download the correct form, one had to know the tax system.
These tax return filers make such calculations keeping in view the bank statement and salary statement that all the discrepancies are settled, by doing so the returns are submitted and the customer is satisfied. Currently, 2,000 to 10,000 of these works are being taken in the market. This is a one-time deal, and the demand for such 'experts' suddenly increases every year near the deadlines for filing tax returns.
Haniya Asad, a working woman, says that after so much publicity about filing tax returns over the years, she too has started filing returns. However, they could not clearly state what the income tax returns are, but they do provide the relevant documents to an identifiable servant who submits the estimates with some deductions each year. "Every year they ask me if I bought a car or a house, my answer is no, and later they tell me that the returns have been filed."
Armghan Ali, who provides IT services to small companies, says he became a tax filer at the request of clients to stop deductions from payments. However, despite being a tax filer for two years, he could not clarify What is the need of all this and what would be added to it. "All I know is that becoming a filer would have stopped the payment deduction, beyond which the lawyer never explained nor did I try to find out."
The government has been trying for some time to automate the entire tax system, but this will require the integration of a number of relevant institutions, which has not been possible so far.
Mohammad Jamal said that the property and vehicle purchase data is automatically entered into the system, gradually the data of all the payment systems are being compiled, and it is hoped that the tax returns in two to three years. The entire submission system will be automated.
