ISLAMABAD: Federal Board of Revenue (FBR) has issued finalized return forms for companies. The FBR issued SRO 1000(I)/2019 to issue the final return form for tax year 2019.
The FBR has previously issued draft corporate return form through SRO 968(I)/2019 on August 29, 2019.
The companies having accounting year between July 01 to December 31 shall required to file their income tax returns by September 30, 2019. Therefore, such companies will have only 24 days to file their annual returns for tax year 2019.
The FBR has already issued finalized income tax return forms for salaried persons, business individuals and Association of Persons.
Although time for return filing is short and the date may be extended. However this year the FBR directed chief commissioners of Inland Revenue to ensure tax payment deposit by September 30 before allowing date extension.