Income tax returns: Taxpayers can file applications till midnight, says FBR

Income tax returns: Taxpayers can file applications till midnight, says FBR

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The Federal Board of Revenue announced Tuesday that taxpayers can file income tax returns online until midnight.

A spokesperson for the FBI said that all commercial banks will be open to taxpayers until 9pm tonight.

The spokesman said that in addition, all FBR field offices will be open to taxpayers until 10 pm.

The board of directors refused to extend the filing date of the returns beyond December 8, despite the fact that fewer than 1.5 million returns were received, compared with about 2.9 million in the previous year.

However, the FBR has allowed chief commissioners to allow returns if someone seeks to file them after December 8, 2020.

The government reportedly believes that the number of returns filed is significantly lower this time because of the difficulty of filing taxes during the second wave of the COVID-19 pandemic.

At the same time, the Karachi Chamber of Commerce and Industry (KCCI) has asked Prime Minister Imran Khan to instruct the Federal Business Registration Office to extend the filing date of income tax returns to January 30, 2021.

The president of the chamber, in a letter, informed PM Imran that there were “mistakes” in the forms issued by the tax authority. He also added that they have informed the FBR chairman of the mistakes in a letter on November 23.

KCCI also pointed out that the routine work of tax experts has been affected by the second coronavirus, making it difficult for them to declare. He also added that concessions should be given because this is a difficult time.

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