Wealth Statement Form: mandatory for filing along with annual return

KARACHI: Filing of wealth statement is mandatory for making annual return form valid. Taxpayers are required to file asset declaration under Section 116 of Income Tax Ordinance, 2001. Read more »

Incomplete particulars to make furnished annual return invalid

KARACHI: An income tax return filed by a taxpayer will be treated as invalid if the taxpayer has failed to provide complete particulars as required in return form. Read more »

Notices for filing income tax returns of past 10 years may be issued

ISLAMABAD: Tax officials have been empowered to issue notices to taxpayers for filing income tax returns of past 10 years. Read more »

How taxpayers fail in filing returns by due date, KTBA questions FBR

KARACHI: A body of tax practitioners has questioned Federal Board of Revenue (FBR) that how taxpayers fail to file returns for tax year 2019 on September 30, 2019 when the tax authorities... Read more »

FBR eyes 5 million return filers

ISLAMABAD: Federal Board of Revenue (FBR) is eyeing five million return filers during next two years after achieving 2.6 million return filers for tax year 2018. Read more »

FBR extends return filing date up to October 31

ISLAMABAD: Federal Board of Revenue (FBR) has extended the last date for filing income tax returns and wealth statements for tax year 2019 up to October 31, 2019, according to a notification... Read more »

FBR may extend return filing date due to delayed issuance of forms

ISLAMABAD: Federal Board of Revenue (FBR) may extend the date for filing income tax returns and wealth statements for tax year 2019 due to delay in issuance of return forms and considering... Read more »

FBR asks people to check transactions details, file income tax returns

KARACHI: Federal Board of Revenue (FBR) on Sunday urged people to file their annual returns on the basis of information, which is already possessed by the revenue authority. Read more »

PTBA advises return filing date extension; points out deficiencies

KARACHI: Pakistan Tax Bar Association (PTBA) has asked Federal Board of Revenue (FBR) to extend the last date for filing income tax returns up to December 31, 2019 as the return form... Read more »

FPCCI suggests one month extension in income tax return filing

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Saturday urged the government to extend the last date for filing income tax return up to October 31, 2019. Read more »

FBR explains benefits of timely filing income tax returns

ISLAMABAD: Federal Board of Revenue (FBR) has explained benefits of filing annual income tax returns for tax year 2019 by due date i.e. September 30, 2019. Read more »

FBR issues instructions for filing income tax returns, wealth statement

ISLAMABAD: Federal Board of Revenue (FBR) on Friday issued manual for filing income tax return and wealth statement for tax year 2019. Read more »