Income tax refund can be claimed within two years from filing return date

ISLAMABAD: Income tax refund can be claimed within two years from the date of filing return of from the date on which the tax was paid, whichever is later, according to Federal Board of Revenue (FBR).

The revenue body said that refund can be only claimed if the person has filed their Income Tax Return electronically. “A manual Return does not entitle to a refund.”

The refund amount should be clearly reflected in your Income Tax Return in Iris.

Refund resulting from the Income Tax Return can be claimed by filing a separate application in Iris. To check the status of the application, the claimants have been advised to visit relevant Regional Tax Offices (RTOs).

“The refund can also be claimed later on after submitting Income Tax Return, but within two years from the date of filling of return (date of assessment) or from the date on which the tax was paid, whichever is later.”

However, persons filing Tax Return for Tax year after the specified due date will not be entitled to refund during the period the person is not included in Active Taxpayers List (ATL) and income tax authorities will not incur any liability of compensation for delayed refund for the period the person is not appearing in ATL and such period shall not be counted for the purpose of computing additional payment for delayed refund, the FBR added.

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