Wednesday, 30 November 2022
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Further extension in time for filing income tax return

Extension of time for furnishing income tax returns and other documents. After first extension of 15 days by the commissioner, the taxpayer may also apply further extension.

Extension of time for furnishing returns and other documents. Section 119 of the Income Tax Ordinance 2001 deals with the extension in time for filing annual income tax returns. According to the legal provisions of the above section once 15 days allowed by the commissioner for filing annual income tax returns may also be granted further extension in time in case of any exceptional circumstances justifying a longer extension of time.

How to apply for extension in time for filing tax return ?

When a person is required to furnish a return of income under section 114 or 117; and a wealth statement under section 116, he may also apply, in writing, to the Commissioner for an extension of time to furnish the return, or statement, as the case may be. An application shall be made by the due date for furnishing the return of income, or statement to which the application relates. Where an application has been made and the Commissioner is satisfied that the applicant is unable to furnish the return of income, or statement to which the application relates by the due date due. Then commissioner may extend the time for 15 days from the due date of filing the tax return.

How to get Further Extension in time for filing income tax return ?

Due to the following reasons taxpayer may apply extension in time for submission of tax return.(a) absence from Pakistan; (b) sickness or other misadventure; or
(c) any other reasonable cause. The Commissioner may, by order, in writing, grant the applicant an extension of time for furnishing the return. An extension of time should not exceed fifteen days from the due date for furnishing the return of income, unless there are exceptional circumstances justifying a longer extension of time.

If Commissioner does no tallow further extension in filing income tax return ?

where the Commissioner has not granted extension for furnishing return, the Chief Commissioner may on an application made by the taxpayer for extension or further extension, as the case may be, grant extension or further extension for a period not exceeding fifteen days unless there are exceptional circumstances justifying a longer extension of time.

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Default surcharge & tax payment with return

Further extension of time granted under sub-section (3) of section 119 of the Income Tax Ordinance 2001 will not for the purpose of charge of default surcharge under sub-section (1) of section 205, and change the due date for payment of income tax with return ( admitted income tax) under section 137.

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