Friday, 6 December 2024
Trending
Will FBR extend date for filing annual income tax returns 2021?
UPDATES

Will FBR extend last date in filing income tax returns 2021?

The Federal Board of Revenue (FBR) on Wednesday cleared that it is not considering an extension in the date for filing annual income tax returns after deadline of October 15 2021.

According to a statement by the FBR spokesperson, taxpayers should submit annual tax returns before October 15. “No extension beyond the extended deadline“, FBR says.

It is important to mention here that the Federal Board of Revenue (FBR) had mentioned earlier that it would not extend the deadline after September 30. Extraordinary interest in existing and new taxpayers had put huge pressure on FBR’s IRIS online portal which caused occasional disruptions and adversely affected its functional efficiency.

See also  No of tax filers for tax year 2021 at deadline

Earlier, Keeping in view the increase in users of the website and the hardships the FBR faced owing to technical issues, it extended a one-time extension of 15 days on September 30 and extended the return filing deadline till October 15, 2021.

However, the FBR mentioned: “It is further reaffirmed that the extension given on September 30 was only because FBR’s IT System got overloaded and since that has been fixed now, no more extension will be allowed beyond October 15, 2021.”

“It is positively hoped that the taxpayers both old and new will benefit from this extended timeline and thus file their tax returns well ahead of the final date ie October 15,” FBR stated.

tax accounting services top tax consultants lahore pakistan
Ads:

Newsletter
Subscribe Now

Sign up for  Daily Digest and get the best of News for you.

[contact-form-7 id="11414" title="Contact form 1"]

Tax.net.pk - Your Tax Experts and Consultants

Welcome to Tax.net.pk

Providing Expert Tax Services for Individuals and Businesses

About Us

At Tax.net.pk, we are dedicated to providing comprehensive tax solutions tailored to meet the needs of individuals and businesses. With years of experience in the industry, our team of tax experts is equipped to handle various tax matters, including tax planning, preparation of tax returns, and compliance.

We strive to stay up-to-date with the latest tax laws and regulations, ensuring that our clients receive accurate and reliable advice. Our commitment to client satisfaction and our in-depth knowledge of the tax landscape make us the trusted choice for all your tax-related needs.

Contact Us

For inquiries or to schedule a consultation, please reach out to us: