FBR Extends Date of Filing Returns to August 2, 2019

The Federal Board of Revenue (FBR) has extended the date of filing income tax returns/statements for the tax year 2018 till August 2, 2019.

Previously, the last date was June 30 – but a shortfall in the revenue collection prompted a one-month extension.

A circular was issued on Monday in this regard. The notice mentioned the past three extensions the revenue board had allowed.

“In exercise of powers conferred under Section 214A of the Income Tax Ordinance, 2001 the Federal Board of Revenue is pleased to extend date of filing of income tax returns/statements for tax Year 2018 only in the cases of individuals and AOPs, whose returns were due on 31st August, 2018 and 30th September, 2018 and extended upto 30th June, 2019 is hereby further extended upto 2nd August 2019.”

  • Been a tax filer for 25 years and never seen such long and repeated extensions in the deadline. If they can’t finalize returns for 2018 till August 2019, wonder when will they be able to finalize returns for 2019!!!

    • Carrot and stick approach is fine – as long as the stick finally comes to be. Many people pay their taxes correctly. They just dont want the added hassle of becoming filers. Reportedly, the return forms will be entirely redesigned and simplified this year.
      Mind you that ‘experts’ charge 5000 or higher for the ‘service’ which has to be performed every year after all.

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