Is there any Chance of Date Extension of ITR Filing?
Is there any Chance of Date Extension of ITR Filing? Today is 30th September 2022, the last date for filing annual income tax returns for Salaried, Individuals and Sole Proprietors. Still, FBR has not extended the due date for filing tax returns. But FBR will likely extend the deadline for filing income tax returns.
This year on the 30th September 2022, the Federal Board of Revenue (FBR) has not announced any of the extended timings of working hours of the field formations of FBR. Further, no extended hours for deposit of tax at banks. It is reason that there is a possibility of extension in the filing of income tax returns for some extended period.
Previously, Banks are usually open late at night on the last date of filing returns for collection of taxes. But, this year there is no such announcement from FBR and State Bank of Pakistan regarding extended working hours of banks on September 30, 2022. It may be an indication of a possible extension in the period for filing income tax returns for Tax year 2022.
Moreover, all stakeholders have already approached the FBR for seeking an extension in the filing of tax returns for at least one month.