Summary FBR has waived the Rs25,000 ATL surcharge for new taxpayers who submit an undertaking not to purchase or acquire property for six months.
ISLAMABAD (Dunya News) – The Federal Board of Revenue (FBR) has allowed new taxpayers to join the Active Taxpayer List (ATL) without paying the Rs25,000 surcharge, subject to certain conditions.
Under the new arrangement, taxpayers seeking the exemption must undertake not to purchase or acquire any property during the next six months.
The FBR has introduced a new ATL-U form for submitting the required undertaking. Taxpayers can file the document electronically through the IRIS system.
Following submission of the undertaking, taxpayers will be barred from purchasing or acquiring property for six months. The FBR will also monitor their property transactions during this period.
If a taxpayer purchases or acquires property within the six-month restriction period, the exemption from the surcharge will be withdrawn.
The measure provides an opportunity for new taxpayers to secure inclusion in the Active Taxpayer List without paying the additional charge, provided they comply with the prescribed conditions.
