As per law, a 90 days period was mandatory to comply with return filing, something which the FBR was reminded of by the tax bars. until January 31, 2021. However, soon after the notification circulated, the FBR spokesperson clarified that it had not issued any notification in this regard. Federal Board of Revenue (FBR) extended last date for submission of annual income tax returns up to December 08, 2020. Partner Content. extended upto 31st January, 2020 in respect of those companies who have paid ninety five percent of the admitted tax liability on or before 30.092019, is th hereby further extended upto 28 February, 2020. Covering all three aspect of the news makes us unique and we are in process and trying to get mass attention. Federal Board of Revenue (FBR) to extend date for filing income tax return by one month i.e. Stay Connected . Federal Board of Revenue (FBR) extended the last date for filing income tax return up to December 08, 2020. October 31, 2020, sources said on Wednesday. Coronavirus across the world: Is the pandemic slowing down. The Pakistan Tax Bar Association had appealed on Monday to the FBR chairperson to extend the deadline to filetax returns by 60 days, i.e. 9 (11) ST-LPE/Misc/2016 All Chief Commissioners Inland Revenue, Islamabad, 24th Large Taxpayers Units (L T Us)/ Regional Tax Offices (RTOs) EXTENSION IN DATE FOR SUBMISSION OF SALES TAX AND Subject: FEDERAL EXCISE RETURNS ALONGWITH ANNEXURES FOR THE TAX PERIOD … The companies who were required to file tax Returns of Total Income/Statements of final taxation for the tax Year 2020 which were due on 30 September 2020, but failed to file their Income Tax Returns /Statements, is allowed to file their return by 8 December 2020. The date for filing income tax return may be extended for salaried persons, business individuals, Association of Persons (AOPs) and companies having special financial year. 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The FBR extended the date of submission of sales tax and federal excise return up to March 25 for the tax period of February 2020, which was due on March 18, 2020. 2020,” the FBR said in a notification. WhenWhereHow Pakistan is one of the leading independent news publishers in Pakistan. October 31, 2020, sources said on Wednesday. FBR deadline to file income tax returns for Tax Year 2020 extended October 1, 2020 Islamabad: The Federal Board of Revenue (FBR) on Wednesday provided notification of another extension in the deadline for filing Income Tax Returns/Statements for Tax … 93/2020 dated 31st December, 2020 A notification had circulated that stated that the FBR had extended the date for filing of income tax returns till January 31, 2021. Federal Board of Revenue (FBR) to extend date for filing income tax return by one month i.e. The FBR issued the finalized return form for the small manufacturers for tax year 2020. Last date for submission of Annexure C was 10th April 2020. Pakistani citizens still have the opportunity to file their income tax returns as the last date for tax returns for 2020 was extended last week by the Federal Board of Revenue (FBR). With the Aim to provide updated, correct and timely updates about when it happened, where is happened and how it happened. The Pakistan Tax Bar Association (PTBA) has urged the Federal Board of Revenue (FBR) to extend the date for filing of return of income for the tax year 2020 till 31st January 2021. Previously, the last date of filing income tax return was up to 8th December, 2020. The FBR issued notification of extension via Circular No. A fake income tax circular of the Federal Board of Revenue (FBR) is under circulation. The FBR issued Circular No. Federal Board of Revenue (FBR) extended today last date for submission of sales tax return for the March 2020. 18-Mar-2020 : FBR Steps for fight against Spread of Corona Virus Tax experts said that the taxpayers were still waiting to get withholding statements under various heads. It is important to mention here that last date for payment of sales tax will be 27th April 2020. The Federal Board of Revenue (FBR) has once again extended the of filing of Total Income / Statements of final taxation for Individuals and Associations of … The Federal Board of Revenue has extended the deadline for filing income tax returns of the fiscal year ending June 30, 2020 by more than two months, a notification said on … Besides, tax bars are also demanding the FBR to instead extend the date the taxpayers should be given time as per law for filing their returns. Federal Board of Revenue (FBR) has granted date extension up to December 24, 2020 for filing annual income tax return to those taxpayers who submitted applications under Section 119 of Income Tax Ordinance, 2001.The last date for filing income tax return was expired on December 08, 2020. The major reason for extending the date is very short time given to taxpayers to make compliance as FBR delayed the issuance of return form for tax year 2020. However, delayed issuance of return form for tax year 2020 by the FBR has made it difficult for taxpayers to make compliance by due date. Updated up to June 30, 2020 . (adsbygoogle=window.adsbygoogle||[]).push({}); On Monday, February 1st, Kashmala Tariq‘s convoy crashed into a car…, British pharmaceutical group GlaxoSmithKline and German biotech firm CureVac on…, Are you looking for a way to manage your transactions…, Jewellery traders now have to keep a record of cash…, TikTok is one of the most popular apps these days and…. FBR extended income tax return filing date up to December 24 | Latest Tax and Financial News. They also said that the taxpayers were less bothered about the due date for filing annual returns as for the past many years the FBR used to issue return form after lapse of time and extend the date. ISLAMABAD: The Federal Board of Revenue (FBR) has once again reminded all tax payers to file their income tax returns by December 8, 2020, which is the final date and will not be extended further. FBR extends date for filing sales tax returns Anjum Shahnawaz — March 19, 2020 add comment ISLAMABAD: Federal Board of Revenue (FBR) has extended the last date for filing sales tax and federal excise return for the month of February 2020 up to March 25, 2020. The last date for submission of tax return was 30th September 2020. 93/2020 By Vinotha Tilak On Jan 5, 2021 Income Tax Return (ITR) filing date extended for these taxpayers – Notification No. GOVERNMENT OF PAKISTAN REVENUE DIVISION FEDERAL BOARD OF REVENUE March, 2020 ISLAMABAD C No. So far the date for return filing was not further extended beyond December 08, 2020. The Federal Board of Revenue (FBR) on Tuesday said that it had not extended the date for taxpayers to file their income tax returns. 04 of 2020 to extend the date of filing of income tax returns for the tax year 2020. The last date for filing income tax return for tax year 2020 is expiring today evening i.e. Therefore, the Federal Board of Revenue (FBR) on the demand of tax bars and other stakeholders, extended the date by 90 days in one go. Government of Pakistan Revenue DIVISION federal Board of Revenue ( FBR ) extended the date for payment of sales return... 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