Income Tax Return

NBR extends deadline until December 31

Staff Correspondent

1 December, 2020 12:00 AM printer

The National Board of Revenue (NBR) has extended the deadline for filing income tax returns till 31 December considering the corona pandemic situation.

NBR issued a gazette notification on Monday in this regard.

Under the provision of section 184-G in the Income Tax Ordinance 1984, the extension was made on the grounds of public interest, the notification reads.

The extension comes following demands from various quarters as majority of taxpayers are yet to file their income statements amid growing corona virus infections and disruption in the collection of documents and preparing them.

Talking to media on Monday, NBR chairman Abu Hena Md Rahmatul Muneem said that they have taken the extension decision with the discussion of higher authority.

Now tax payers can submit their tax return till December 31.

“Many taxpayers were yet to file their returns. Still, there is a huge crowd of taxpayers. So, we think the deadline for filing the returns requires an extension”, NBR chairman added.

Earlier on Sunday, the NBR chairman said the deadline would not be extended further after 30 November.

As of Monday, 15 lakh of the holders of 50 lakh taxpayer identification numbers (TIN) had filed the returns of their income.

A few years ago, the return submission deadline was extended every time. But in 2016, by bringing change in the Income Tax Ordinance, it was decided not to accept returns after the National Tax Day on 30 November.

 


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