Wednesday, 7 December 2022
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Latest No of the Taxpayers Filed Tax Returns 2022

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.

Income Tax Returns forms for tax Year 2022 ready to file

Latest No of the Taxpayers filed Tax Returns 2022

According to media news up to 28th September 2022 about:

  • 1.45 million individuals, Associations of Persons (AOPs), and companies had filed annual tax returns,
  • constituting hardly 40% of the taxpayers who submitted the returns during the last tax year – 2021.
  • So far about 4,600 companies had filed annual returns.
  • Of those, 3,750 filed nil returns. Nil returns mean that the companies did not do any business throughout the year.

Source: The Express Tribune

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