Saturday, 15 June 2024

File tax return or pay penalty for tax year 2020: FBR started issuing tax notices

Federal Board of Revenue (FBR) has started issuing tax notices on non-submission of tax return for tax year 2020. FBR issuing notices for imposition of penalty under section 182(2) for Default of Section 114 of The Income Tax Ordinance,2001. FBR also issuing notices under section 114(4). Whereby required to file tax returns under sub-section (4) of section 114 of the Income Tax Ordinance, 2001.

Notice under section 182(2) is reproduced here:

You have failed without reasonable cause to furnish within the time allowed the return of income/wealthstatement in respect of the tax year 2020 which you were required to furnish under section 114 of the Income Tax Ordinance, 2001 (I.T.O. 2001), by December 8, 2020. 2.You are requested in pursuance of section 182(2) of the I.T.O. 2001 to show cause as to why penalty as prescribed under section 182(1)(1) of the I.T.O. 2001 should not be imposed on you on account of non-compliance of statutory provisions of section 114 of the I.T.O 2001.3.Please also note that non-filing of return of total income is a statutory responsibility and its non-compliance may also lead to initiation of criminal proceedings under section 192(1) I.T.O. 2001.4.Your explanation is required to be filed by January 13, 2021.


In above notice FBR asked to reply within 30 days. In case of non compliance to above notice, FBR will impose penalty under section 182(2).

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Notice under section 114(4) is reproduced here:

“Whereas you have not furnished a Return of Income for the tax year mentioned above, required to be filed under sub-section (4) of section 114 of the Income Tax Ordinance, 2001 (XLIX of 2001);You are, hereby, requested to furnish on or before the date mentioned above, a Return of Income for the said tax year, in the prescribed form and verified in the prescribed manner;Please note that failure to comply with any of the terms of this notice may result in a best judgment assessment under sub-section 1 of section 122C of the said Ordinance, and may also render you liable to a penalty under sub-section 1 of section 182, or, prosecution under section 191 of the said Ordinance or both.”


In above tax notice FBR asked to file tax return within 30 days. Otherwise penalty will be executed for non compliance thereto.

It is pertinent to mention here that last date for filing tax return for tax year 2020 was 8th December. FBR further asked to get extension online as well as manually up to 10th December, 2020. FBR has granted extensions to all those who applied for extensions in last date for tax return filing.

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