Latest FBR Releases
The Federal Board of Revenue has extended the date of filing of Income Tax Returns/Statements for the Tax Year 2018 till 31st March.
An order issued on Friday says that the date of filing of returns of total income/statement of final taxation which were due on 31st August 2018 and extended up to 15th December 2018 is now hereby further extended up to 31st March 2019. The date of filing of returns for companies, individuals and association of persons is also extended to 31st March.
The FBR took this decision in view of numerous representations by various trade bodies and organizations along-with other taxpayers seeking extension in the date of filing of returns for Tax Year 2018.
This is a one time taxpayer’s facilitation measure. All persons, who have not yet filed their returns, are urged to take advantage of this opportunity. It goes without saying that FBR has extensive plans to pursue and legally proceed against those persons who are liable to file returns but don’t file it by this extended date.