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FBR issued Notices Under Section 114(4) of Income Tax Ordinance 2001
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FBR issued Notices Under Section 114(4) of Income Tax Ordinance 2001

FBR issued Notices Under Section 114(4) of Income Tax Ordinance 2001

FBR issued Notices Under Section 114(4) of Income Tax Ordinance 2001. For tax year 2023, the extended date to file tax return was 31st October 2023. FBR then issued tax notices under section 114(4) of Income Tax Ordinance 2001 to those taxpayers who still not submitted tax returns and not submitted extension applications.

Last date to file tax return was 30th September 2023 for salaried, individual, Partnership businesses and it was extended up to 31st October 2023.

Decision was taken by FBR after achieving targets of tax filing as compare to previous year in the same period.

FBR said in a press release, “Total returns filed up to 31st Oct,2023 for tax year 2023 were 2.9 Million approximately as against 2.57 Million filed during the similar period of previous year showing an increase of 330,000.”

Taxpayers then submitted extension applications to the commissioners income tax of FBR. It was then generally allowed by FBR to all applicants up to 15th November 2023.

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Taxpayers had right to file extension applications within due date on Iris portal of FBR for tax year 2023 tax return.

After end of extended period of time for filing tax returns (as allowed on extension applications), FBR issued tax notices under section 114(4) of Income Tax Ordinance, 2001 for tax year 2023. Where a period of one month has been given by FBR to file tax returns. In such notices, mostly time up to 22nd December 2023 has been given to file tax returns.

Following is an example of tax notices issued by FBR under section 114(4) of Income Tax Ordinance 2001 to file tax return for tax year 2023:

Subject: Notice under sub-section (4) of section 114 of the Income Tax Ordinance, 2001

Dear Taxpayer,

  1. You were required to furnish your income tax return for the tax year 2023 in view of sub-clause (vii) of clause (b) of sub-section (1) of section 114 of the Income Tax Ordinance, 2001. FBR database, however depicts that you have not filed your income tax return. In view of the above, you are hereby required under sub-section (4) of section 114 of the said Ordinance to file your income tax return for the said tax year within thirty (30) days of receipt of this notice.
  2. Please note that failure to comply with any of the terms of this notice may result in ex parte assessment under section 121 of the said ordinance, and may also render you liable to a penalty under sub-section (1) of section 182 of the said Ordinance.
See also  114B of Income Tax Ordinance 2001: FBR Powers to Enforce Filing of Returns

Taxpayers will have thirty days to file tax returns after receipt of this notice which is 22nd December 2023.

If taxpayers fail to file tax returns within the given time then they may face:

  • ex parte assessment under section 121 of the said ordinance, and
  • may also impose penalty under sub-section (1) of section 182 of the said Ordinance.

So, all those taxpayers who have received such notices the are required to submit their tax returns within the time given in the tax notices issued under section 114(4) of Income Tax Ordinance, 2001.

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