The Federal Board of Income (FBR) has prolonged the date for submitting earnings tax returns until October 15. Earlier, the final date for filling earnings tax returns was September 30. FBR had stated at many instances that it might not lengthen the deadline for individuals searching for to file their earnings tax returns, however the deadline was prolonged on Thursday.
“In train of powers conferred beneath Part 214A of the Earnings Tax Ordinance, 2001, the Federal Board of Income is happy to increase the date of fling of earnings tax return for tax yr 2021, by 15 days i.e. as much as 15.10.21 on account of severe technical issues in on-line return submitting system (IRIS),” stated the notification issued by FBR.
As per Geo News, Minister for Finance Shaukat Tarin determined to increase the date contemplating the fixed calls for from the enterprise neighborhood. The tax-collection physique had obtained a number of functions for the extension of the deadline for submitting earnings tax returns.