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FBR not to extend date for filing of tax returns

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The Federal Board of Revenue (FBR) Wednesday informed that the board would not extend the date of filing of tax returns for the tax year 2021.

“The board has decided that last date of filing of return is 30 September 2021 which will not be extended for individuals, Association of Person (AoPs) and companies which are required to file income tax return by the due date”, said a press statement issued by FBR.

However, simultaneously provision of section 119 (1) of the Income Tax Ordinance, 2001 stipulate that a “person required to furnished a tax return under section 114 may apply, in writing to the commissioner for an extension of the time to fur-nished the return.”

While it was important that the date filing of tax return for the Tax Year 2021, being September 30,2021, was retained as the final date for the pur-pose.

It was absolutely necessary that commissioner generously grant extension in all cases of hardship of any nature, the statement added. —APP

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