Date for filing income tax returns not to be extended: FBR

Date for filing income tax returns not to be extended: FBR

ISLAMABAD: Federal Board of Revenue (FBR) on Saturday said that it will not further extend the date for filing income tax return for tax year 2020.

A FBR spokesman said that the date for filing income tax return has already been extended up to December 08, 2020. “Therefore, no further date will be given beyond the extended timeline,” the spokesman added.

The last date for filing income tax return for tax year 2020 was September 30, 2020. However, the FBR extended the date up to December 08, 2020.

The spokesman said that the FBR had taken many measures to facilitate taxpayers. “An easy return form for tax year 2020 has been introduced. Taxpayers now submit their annual returns through wizard bases interface. Further, the returns can be submitted through smart phone application,” the spokesman added.

The FBR has identified persons having taxable income but those are remained non-compliant in filing their returns. The FBR also identified those persons who have source of earnings but have not declared their true incomes.

“The details of all such persons are available at the FBR’s database. These persons have been given last chance to declare their true income and assets to avoid legal action,” the spokesman said.