FBR reviews KTBA proposals on refunds, returns, deemed assessments
The Federal Board of Revenue's (FBR) Domain Team has referred a set of policy concerns raised by the Karachi Tax Bar Association (KTBA) including the timing of refund applications, issuance of deemed assessment orders, and revision of returns to the
August 18, 2026 (MLN): The Federal Board of Revenue's (FBR) Domain Team has referred a set of policy concerns raised by the Karachi Tax Bar Association (KTBA) including the timing of refund applications, issuance of deemed assessment orders, and revision of returns to the Policy Wing for further consideration, while clarifying that these matters fall within existing policy, including the 15-day deemed assessment rul...