In this regard, the FBR issued Circular No. 6 of 2022 for relaxing in the filing of declaration under Asset Declaration Ordinance, 2019.
The Asset Declaration Ordinance, 2019 was promulgated on May 14, 2019, for payment of tax and declaration of corresponding assets by June 30, 2019. The due date was extended till July 03, 2019.
The FBR received various references from citizen taxpayers whereby it has been conveyed that owing to certain technological impediments, many citizen taxpayers/persons intending to avail the benefit of the Ordinance deposited due tax but could not file their declarations of assets by the due date i.e. July 03, 2019.
Taking cognizing of the hardship caused and to facilitate the aggrieved citizen taxpayers, FBR has decided to allow the filing of declarations for all those citizen taxpayers/persons who deposited tax under the Ordinance within the due date i.e. July 03, 2019, but could not file their declarations due to any reason.
“The system has been enabled for the purpose and all taxpayers can now file their declarations between September 10, 2021, till September 25, 2021.”
The FBR said that this is a special dispensation granted under Section 7 of the Federal Board of Revenue Act, 2007.