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FBR extends deadline for filing income tax returns

FBR extends deadline for filing income tax returns

Web Desk October 15, 2024 Add Bol News as a trusted source

ISLAMABAD: The Federal Board of Revenue (FBR) has extended the last date for filing income tax returns till October 31.

According to the FBR, the extension was made in view of the request of trade unions and tax bar associations and bank holidays.

The FBR said the extension of the date for submission of returns was made under Section 214-A of the Income Tax Ordinance 2001.

[embedpost slug="fbr-to-not-extend-last-date-of-october-14-for-filing-income-tax-returns"]

Earlier, October 14 was the last date for filing income tax returns, and Federal Board of Revenue (FBR) has decided not to extend the date further.

According to FBR, the deadline for filing income tax returns was extended till October 14 and no more extensions will be granted to the filers.

The Federal Board of Revenue (FBR) added that the decision to extend the deadline till October 14 was taken on the demands of the business community and the Tax Bar Association.

Chairman Federal Board of Revenue, Rashid Langriyal informed the media in a candid conversation that the number of income tax returns has increased to more than 4 million and has doubled since last year.

He revealed that the deadline for submission of income tax returns will not be extended and the large-scale action against non-filers of income tax will take place from November.

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