POS Registration
INTRODUCTION The purpose of this article is to facilitate LEATHER AND TEXTILE SECTOR to understand methods for invoice data sharing with FBR. Taxpayer directly connect to FBR system to upload sales invoices in bulk. This mechanism is provided temporarily to upload all the sales invoice data to FBR System till the implementation of Fiscalization Solution. Taxpayer can directly integrate their system with FBR using the provided web service to … Continue reading POS Registration
Common questions about IRIS.
What is Iris? Iris is an integrated, end-to-end, highly configurable and customizable ERP, covering all business processes of Income Tax. What is my User ID for Iris? User Id for Iris is Registration Number which: In case of individual Pakistani, it is his 13-digits CNIC/NICOP (without dashes) In case of individual Non-Pakistani, it is his 7-digits NTN (excluding dash and check digit) In case of … Continue reading Common questions about IRIS.
Why doesn’t the system allow me to file Tax Return or create any task on Iris?
A taxpayer gets Password and PIN when he completes first part of the Registration process. However, he cannot start any task or file tax return unless he completes second part of the Registration process by submitting the Form of Registration after completing data entry and attaching the required documents. Once Registration Process is completed, you can file your tax return or create any task on … Continue reading Why doesn’t the system allow me to file Tax Return or create any task on Iris?
Habib Bank Limited – HBL 1st Half 2019 Analysis
HBL, Pakistan’s largest bank, was the first commercial bank to be established in Pakistan in 1947. Over the years, HBL has grown its branch network to over 1,700 branches and +2,100 ATMs globally, serving 14 million customers and clients. HBL 1HCY19 Conference Call Takeaways HBL conducted an investors’ conference call to discuss the financial performance of the bank during 1HCY19. The bank announced its 2Q/1H … Continue reading Habib Bank Limited – HBL 1st Half 2019 Analysis
D G Khan Cement Company Ltd
DGKC-Conference call key takeaways Cement demand from local market is expected to remain flat in FY20. Overall capacity utilization of the company during FY19 remained at ~80% with 54% capacity utilization of south plant vs 90% capacity utilization at plant in North. Company is looking for new market in south, currently most of the cement from south plant is being sold in Balochistan. Export during … Continue reading D G Khan Cement Company Ltd
How can I attach a document with a task on IRIS?
IRIS is not as complicated as it may seem. One just needs the right guidance. lucky for you- you’ve come to the right place. Now if you wish to attach a task document its as simple as this: Click on “Attachment” Tab. (as shown below) Click on “+” Icon. A Dialog will open. Click on Magnifying Glass Icon against “Document” Field. “Search” Dialog will open. Again, … Continue reading How can I attach a document with a task on IRIS?
Common Questions about the Amnesty Scheme 2019
Can I file amnesty declaration without registering with the FBR? No. For filing amnesty declaration, you will register with the FBR’s online portal. Please refer to the User Guide Do I have to register with the FBR for filing Tax Amnesty Declaration? If you are already registered with the FBR you will not register again. You will use your existing IRIS log-in user name and … Continue reading Common Questions about the Amnesty Scheme 2019
CPR correction for Income Tax, Sales Tax and FED
If you have have made mistakes while filing your previous returns you don’t need to worry anymore. FBR has made it real simple for you to rectify any previously made mistakes. Just make sure you don’t make any new ones along the way. FBR has introduced e-procedure for CPR correction to facilitate taxpayers for the year 2018 and onwards. Taxpayer can now easily submit their … Continue reading CPR correction for Income Tax, Sales Tax and FED
What is ATL? Who is a Filer?
ATL is short for Active Taxpayers List. You have to file your taxes timely to appear on the ATL. What is the LAW? Under Section 2(23A) of the Income Tax Ordinance, 2001, Filer means a person whose name appears in the Active Taxpayers List (ATL), maintained under powers derived from Section 181A of the Income Tax Ordinance, 2001 A person’s name is included in ATL if the person … Continue reading What is ATL? Who is a Filer?
Guide to: Application for Extension in date for filing of Return of Income.
Process to file an application for extension in date for filing of Return on Iris is as under: Click “Declaration” on the Horizontal Bar Menu at the top of the Screen. A Vertical Drop Down Menu will open. Select “119(1) / 114 (Application for extension in time for filing of Return of Income)“. An Interface will open. Click on “Period” Button on right of the Screen. A … Continue reading Guide to: Application for Extension in date for filing of Return of Income.
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