FBR makes no further extension to filing tax returns

The Federal Board of Revenue (FBR) has clarified  that there is no further extension in filing of income tax returns for the year 2020.

“The FBR has received around 1.5 million tax returns so far,” a top official of the FBR shared details. The FBR had received a total 2.9 million returns in the whole last fiscal year. The government considers that the second wave of Covid-19 pandemic was creating difficulties in the filing of increased number of returns.

The FBR’s announcement on Monday stated that no further general extension in date will be granted to file annual income tax returns after the last date i.e. December 8, 2020. Clarifying its earlier circular issued on December 4 and upon requests received from the Pakistan Tax Bar, various Chambers of Commerce & Industry, trade bodies and sections of the media to extend the last date for filing income tax returns, the FBR has facilitated the taxpayers by issuing directions to all IR field formations to establish Help Desks to receive manual requests for extension in filing tax returns.