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5h ago

Pakistan Trade Bodies Seek Oct. 31 Tax-Return Extension as IRIS Glitches Persist

The Lahore Tax Bar has appealed to the prime minister after the FBR’s earlier shift to October 15 under Section 214A.

Income tax filing deadline to be extended till October 31, 2025? Check details

Overview

  • FPCCI President Atif Ikram Sheikh asked FBR Chairman Rashid Mahmood Langrial to move the 2025 return deadline from October 15 to October 31.
  • The Lahore Tax Bar told Prime Minister Shehbaz Sharif that IRIS errors block timely filing, citing miscalculations of tax credits, Section 4AB on AOP income, minimum tax allocations, and tax on profit on debt under Section 151.
  • Stakeholders report frequent portal slowdowns, delays in obtaining verified records, and incomplete ERP integration with the digital invoicing framework.
  • The bar association says the 2025 return form was released 219 days late, compressing the lawful window for submissions.
  • The FBR previously extended the cutoff to October 15 under Section 214A, and no decision has been announced on the requested October 31 extension.