ISLAMABAD: Federal Board of Revenue (FBR) on Monday issued new instructions to its tax offices for extension in filing income tax returns in special cases. The new instructions have disappointed tax consultants, practitioners and business community, who approached the FBR with request to extend the last date for filing income tax return beyond December 08, […]

ISLAMABAD: There are different type of persons who are not required to file annual income tax returns under Income Tax Ordinance, 2001. The section 115 of Income Tax Ordinance, 2001 explained the persons not required to file return of income. Following is text of the section 115: Persons not required to furnish a return of […]

ISLAMABAD: Taxpayers, who are unable to file income tax return and wealth statement by due date, are entitled to get date extension under tax laws by submitting application with genuine reasons. The Federal Board of Revenue (FBR) a day earlier issued instructions to all the chief commissioners of Inland Revenue that it would not extend […]

ISLAMABAD: Federal Board of Revenue (FBR) on Friday said that it has already given statutory time to taxpayers for filing income tax returns for tax year 2020. Therefore, no further date will be extended beyond December 08, 2020. The FBR in an office order intimated about the date for return filing to all the chief […]