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Covid-19 & No extension in date of tax return filing: statutory time already lapsed: FBR

The Federal Board of Revenue (FBR) on Friday said it has given taxpayers legal time to file income tax returns for the 2020 tax year. Therefore, the date will not be extended further after December 08, 2020.

The FBR informed all the Chief Commissioners of Inland Revenue in the office order about the last date of filing of returns. However, the FBR said that taxpayers who seek extension of the date should be facilitated.

According to Section 114 of the Income Tax Ordinance, 2001, taxpayers have already been given a period of 90 days up to September 30 in order to fulfill their legal obligations.

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This year, as new income tax return form was uploaded on IRIS on 08 September 2020, the last date for submission of tax returns has been extended from 30 September 2020 to 08 December 2020 through Circular No. 04. The FBR said repeated extensions compromise the credibility of the tax administration and adversely affect taxpayers’ perceptions of the future.

The FBR further stated that the provisions of Section 119 (I) of the Ordinance stipulate that “a person who submits a tax return under section 114; can apply to the commissioner for the provision of extension in time for filing tax return.”

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As the date of submission of tax returns for the tax year 2020, which is December 08, 2020 has been retained as the final date for this purpose, it is necessary that the Commissioner extend the cases for extension.

IRIS is being amended as per the order of the office to offer the entire process of filing for extension and time to the taxpayers for submission of tax returns so that it is easier and less time consuming.The Chief Commissioners have been directed to remain vigilant and ensure that any requests for extension should remain complied.

Covid 19 and Tax Return Filing Date Deadlines

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Extension is Need of the Hour In this Pandemic.

It is a matter of fact that Pakistani taxpayers are not concerned about filing income tax returns at the moment. We’re in the midst of  unseen, record-breaking unemployment, bankruptcy situation and tax return filing numbers are very low at this time and taxpayer meantime lost it’s confidence to comply with tax returns.

Situation reveals that this time taxpayer needs with support and confidence. Businesses faced a big slump and now trying to overcome from the situation. Pandemic is in all over the world which could last for some few more months. Conditions and lock downs on the citizens and business community has become routine matter. In this overall situation instead of only extension in deadline in filing tax return some major steps need to be done in confidence building.

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