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FBR Further Extends Deadline To File Tax Returns

Karachi (October 01, 2018): The Federal Board of Revenue (FBR) has further extended the deadline to file annual income tax returns and wealth statements to November 30, 2018.

The last date for filing the returns for 2016-17 was earlier announced to be September 30, 2018. The Pakistan Tax Bar Association (PTBA), in a letter to the FBR chairperson, had sought an extension in the deadline to file returns for 2018.The PTBA had stated that tax return forms were uploaded on August 17 after amendments and it was difficult to file tax returns in 11 days.

The PTBA had sought for the deadline to be extended to October 16. All those whose annual salary from July 1, 2017 to June 30, 2018 above Rs.400,000 are required to file their income tax returns along with wealth statement for the financial year 2017-18.Earlier on August 31, the Federal Board of Revenue (FBR) had extended the deadline to file tax returns by one month.

The returns could now be filed until September 30, 2018, the revenue authority said. The Pakistan Tax Bar Association (PTBA), in a letter to the FBR chairperson, had sought an extension in the deadline to file returns for 2018.The PTBA had stated that tax return forms were uploaded on August 17 after amendments and it was difficult to file tax returns in 11 days.

The PTBA had sought for the deadline to be extended to October 16.

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