A. Background: (1) TLQC 3714 of 7.9.26 about Delayed consider Rule 34A of Final Electronic 4 IT Return Forms for TY 2026 via SRO 1495 and KC views as to delay, effects, Rule 34A extract & in Tabulated Form by KC in trail, blue, italic and double Line (2) Other relevant TLQCs are in para C.

B. Updated Commentary

1. Further to KQU 4081 of 11.9.26, being an important matter, we would inform you about Request for urgent review and rectification of Minimum Tax computation in IRIS-Tax Year 2026 – LTBA Letter of 9.9.26 (Attachment 3727.1).

2. The LTBA invited FBR urgent attention to the computational anomalies identified in the above-referenced representation concerning the treatment of minimum tax in the ITR for TY 2026. The issues raised warrant immediate examination, as they directly affect the correct determination of tax liability and the ability of taxpayers to discharge their filing obligations.

3. While appreciating the Board's efforts towards digitalisation, LTBA respectfully submits that the computation mechanism incorporated in IRIS must faithfully implement the applicable provisions of the Income Tax Ordinance, 2001. Any discrepancy between the statutory liability and the amount generated by the portal requires prompt correction.

1. Additional liability under "Difference of Minimum Tax"

2. Discrepancies demonstrated in the reference illustrations

3. Clarification of attribution and adjustment

4. Immediate corrective measures

C. List of relevant TLQCs; while most relevant are Bold

(a) 3709 of 4.9.26 about ITR TY 2026: Requests for Error-Free Return on IRIS and Extension of Filing Deadline by LTBA 

(b) 3699 of 27.8.26 about ITR TY 2026: PTBA-PRAL Meeting on 17 Issues and KC Views & Recommendations

(c) 3699 of 27.8.26 about ITR TY 2026: PTBA-PRAL Meeting on 17 Issues and KC Views & Recommendations

(d) 3690 of 21.8.26 about ITR TY 2026: KTBA-PRAL Meeting details and KC Views & Recommendations 

(e) 3671 of 13.6.26 about ITR TY 2026: KTBA raised 20+ issues in Online Filing 

(f) 3655 of 4.8.26 about ITR TY 2026: PRAL Technical Support for Return Filing 

(g) 3690 of 21.8.26 about ITR TY 2026: KTBA-PRAL Meeting details and KC Views & Recommendations 

(h) 3626 of 20.7.26 about IT Return TY 2026: IRIS Return Forms Streamlining Suggestions by GTPA

(i) 3620 of 16.7.26 about Delayed Draft SRO Introduces Simplified Tax Procedure & E-Return for Small Shopkeepers – SRO 1109

(j) 3615 of 14.7.26 about IT Return ty 2026: Draft Preparation Enabled on IRIS 

(k) 3618 of 15.7.26 about IT Return TY 2026: Some of Changes introduced in Returns & KC Recommendations

(l) 3603 of 7.7.26 about TY 2026: PTBA Reminder for Delay in Return Final SRO & IRIS Uploading & Extension reason

(m) 3511 of 9.5.26 regarding the Delayed Draft Electronic 4 IT Return Forms for TY 2026 via SRO 835 & KC Views as to 4 pending return form

Should you require any clarification or explanations in respect of the above or otherwise, please feel free to contact us.

Best regards for Here & Hereafter
Asif S Kasbati (FCA, FCMA & LLB)

Managing Partner 

Kasbati & Co (1400+ Tax, Levies, Companies, Economy, Inflation, HR, Banking, Finance, etc

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