fbr tax return date extended 2020

(adsbygoogle=window.adsbygoogle||[]).push({}); On Monday, February 1st, Kashmala Tariq‘s convoy crashed into a car…, British pharmaceutical group GlaxoSmithKline and German biotech firm CureVac on…, Are you looking for a way to manage your transactions…, Jewellery traders now have to keep a record of cash…, TikTok is one of the most popular apps these days and…. The FBR issued a finalized income tax return form on September 08, 2020 for taxpayers, which the tax bars said the form should be issued by the start of fiscal year giving around three months to taxpayers filing their returns, whose due date is on September 30. Updated up to June 30, 2020 . Federal Board of Revenue (FBR) to extend date for filing income tax return by one month i.e. Besides, tax bars are also demanding the FBR to instead extend the date the taxpayers should be given time as per law for filing their returns. The Pakistan Tax Bar Association had appealed on Monday to the FBR chairperson to extend the deadline to filetax returns by 60 days, i.e. So far the date for return filing was not further extended beyond December 08, 2020. 04 of 2020 to extend the date of filing of income tax returns for the tax year 2020. Withholding Tax Rates Applicable Withholding Tax Rates. October 31, 2020, sources said on Wednesday. With the Aim to provide updated, correct and timely updates about when it happened, where is happened and how it happened. 2020,” the FBR said in a notification. Federal Board of Revenue (FBR) has extended the last date for payment and submission of sales tax and federal excise return for the tax period of March 2020. On 30 September 2020, the Federal Board of Revenue (FBR) has declared the extended date for filing income tax returns.. Federal Board of Revenue (FBR) extended today last date for submission of sales tax return for the March 2020. According to an FBR spokesperson, all commercial banks will be open to taxpayers until 9pm tonight. A notification had circulated that stated that the FBR had extended the date for filing of income tax returns till January 31, 2021. FBR clarifies the number of Tax Returns filed in Tax Year 2018 & 2019 Mar 05, 2020 No further extension in date of filing Income Tax Returns for Tax Year 2019 The FBR extended the date of submission of sales tax and federal excise return up to March 25 for the tax period of February 2020, which was due on March 18, 2020. A notification had circulated that stated that the FBR … Federal Board of Revenue (FBR) has granted date extension up to December 24, 2020 for filing annual income tax return to those taxpayers who submitted applications under Section 119 of Income Tax Ordinance, 2001.The last date for filing income tax return was expired on December 08, 2020. FBR refused to further extend the general last … The Federal Board of Revenue (FBR) on Tuesday said that it had not extended the date for taxpayers to file their income tax returns. New date will be 30th April, 2020. 18-Mar-2020 : Extension in date of submission of Sales Tax and Federal Excise Return for the tax period of February 2020, which was falling due on March 18, 2020 has been extended up to March 25, 2020. The companies who were required to file tax Returns of Total Income/Statements of final taxation for the tax Year 2020 which were due on 30 September 2020, but failed to file their Income Tax Returns /Statements, is allowed to file their return by 8 December 2020. 18-Mar-2020 : FBR Steps for fight against Spread of Corona Virus 93/2020 dated 31st December, 2020 They also said that the taxpayers were less bothered about the due date for filing annual returns as for the past many years the FBR used to issue return form after lapse of time and extend the date. However, delayed issuance of return form for tax year 2020 by the FBR has made it difficult for taxpayers to make compliance by due date. The last date for filing income tax return for tax year 2020 is expiring today evening i.e. The last date for filing income tax return for tax year 2020 is expiring today evening i.e. The Federal Board of Revenue has extended the deadline for filing income tax returns of the fiscal year ending June 30, 2020 by more than two months, a notification said on … Federal Board of Revenue (FBR) to extend date for filing income tax return by one month i.e. The new deadline to file income tax returns is December 8, 2020 according to a notification issued by FBR. KARACHI: The Federal Board of Revenue (FBR) has notified extension in the date of filing income tax returns and statements for Tax Year 2019 till January 31, 2020. GOVERNMENT OF PAKISTAN REVENUE DIVISION FEDERAL BOARD OF REVENUE March, 2020 ISLAMABAD C No. The date of filing of Total Income / Statements of final taxation for Companies for the Tax Year 2019, which were due on 30th September, 2019 and extended upto 31st December, 2019, in respect of those companies who have paid ninety five percent (95%) of the admitted tax liability on or before 30-9-2019, is hereby further extended upto 31st January, 2019. until January 31, 2021. Tax experts said that the taxpayers were still waiting to get withholding statements under various heads. However, this year the income tax return form was finalized on September 08, 2020 and as per law taxpayers should be provided statutory time limit of 90 days. Therefore, the Federal Board of Revenue (FBR) on the demand of tax bars and other stakeholders, extended the date by 90 days in one go. The major reason for extending the date is very short time given to taxpayers to make compliance as FBR delayed the issuance of return form for tax year 2020. Coronavirus across the world: Is the pandemic slowing down. It is pertinent to mention here that the Federal Board of Revenue (FBR) on Oct 1 had extended the deadline for filing of income tax returns for the tax year 2020 until December 8. extended upto 31st January, 2020 in respect of those companies who have paid ninety five percent of the admitted tax liability on or before 30.092019, is th hereby further extended upto 28 February, 2020. “Individuals and Associations of Persons who … ISLAMABAD - The Federal Board of Revenue (FBR) has extended the date of filing of Income Tax Returns/Statements for the tax year 2020 up to December 8. 04 of 2020 to extend the last date of filing / submission of annual income tax returns for the tax year 2020. The FBR issued notification of extension via Circular No. Last date for submission of Annexure C was 10th April 2020. It is important to mention here that last date for payment of sales tax will be 27th April 2020. “The date of filing of Return of Total Income/Statements of final taxation for Individuals and Associations of Persons for the Tax Year 2019 which was due on 30th September, 2019 and extended up to 31st January, 2020 is hereby further extended up to 28th February. Federal Board of Revenue (FBR) extended last date for submission of annual income tax returns up to December 08, 2020. Interestingly, the date for tax year 2020 has been expired on December 08, 2020 except for the corporate units which have due date for return filing till December 31, 2020. Income Tax Return filing date extended for these taxpayers – Notification No. Pakistani citizens still have the opportunity to file their income tax returns as the last date for tax returns for 2020 was extended last week by the Federal Board of Revenue (FBR). 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The last date for submission of tax return was 30th September 2020. 93/2020 By Vinotha Tilak On Jan 5, 2021 Income Tax Return (ITR) filing date extended for these taxpayers – Notification No. 9 (11) ST-LPE/Misc/2016 All Chief Commissioners Inland Revenue, Islamabad, 24th Large Taxpayers Units (L T Us)/ Regional Tax Offices (RTOs) EXTENSION IN DATE FOR SUBMISSION OF SALES TAX AND Subject: FEDERAL EXCISE RETURNS ALONGWITH ANNEXURES FOR THE TAX PERIOD … LAHORE: Pakistan Tax Bar Association (PTBA) has sought extension in fling of returns of income for tax year 2020 till 31 st January 2021. Meanwhile, earlier in the day, the FBR had announced that taxpayers can file their income tax returns till midnight online. The Federal Board of Revenue (FBR) has extended the deadline for the filing of income tax returns until December 8, 2020. September 30, 2020. FBR extended income tax return filing date up to December 24 | Latest Tax and Financial News. Previously, the last date of filing income tax return was up to 8th December, 2020. The date for filing income tax return may be extended for salaried persons, business individuals, Association of Persons (AOPs) and companies having special financial year. A fake income tax circular of the Federal Board of Revenue (FBR) is under circulation. Federal Board of Revenue (FBR) extended the last date for filing income tax return up to December 08, 2020. Stay Connected . However, soon after the notification circulated, the FBR spokesperson clarified that it had not issued any notification in this regard. FBR extends date for filing sales tax returns Anjum Shahnawaz — March 19, 2020 add comment ISLAMABAD: Federal Board of Revenue (FBR) has extended the last date for filing sales tax and federal excise return for the month of February 2020 up to March 25, 2020. Facebook ; Twitter WhenWhereHow Pakistan is one of the leading independent news publishers in Pakistan. The government on Wednesday extended the date for filing income tax return to January 10 from December 31, 2020, for individual tax payers The FBR issued Circular No. FBR deadline to file income tax returns for Tax Year 2020 extended October 1, 2020 Islamabad: The Federal Board of Revenue (FBR) on Wednesday provided notification of another extension in the deadline for filing Income Tax Returns/Statements for Tax … The FBR issued the finalized return form for the small manufacturers for tax year 2020. The Federal Board of Revenue (FBR) on Tuesday said that it had not extended the date for taxpayers to file their income tax returns. The Federal Board of Revenue (FBR) has once again extended the of filing of Total Income / Statements of final taxation for Individuals and Associations of … The Pakistan Tax Bar Association (PTBA) has urged the Federal Board of Revenue (FBR) to extend the date for filing of return of income for the tax year 2020 till 31st January 2021. Partner Content. The submission of sales tax and FED returns was further extended to April 15, 2020 from March 25, 2020. Pakistani mountaineer Ali Sadpara successfully climbs K2 in winter expedition, Speaker Asad Qaiser warns of strict action over 'unpleasant' incident in NA, PayPal to cease domestic financial transactions in India. Covering all three aspect of the news makes us unique and we are in process and trying to get mass attention. September 30, 2020. October 31, 2020, sources said on Wednesday. Save my name, email, and website in this browser for the next time I comment. As per law, a 90 days period was mandatory to comply with return filing, something which the FBR was reminded of by the tax bars. Moreover, all FBR field offices will be open to taxpayers until 10pm, the spokesman said. ISLAMABAD: The Federal Board of Revenue (FBR) has once again reminded all tax payers to file their income tax returns by December 8, 2020, which is the final date and will not be extended further. 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