Latest FBR Releases
Federal Board of Revenue (FBR) has extended the date for filing, e-filing of income tax returns and statements up to January 25, 2010 to facilitate taxpayers in view of the prevailing situation in the country, says an official statement released Wednesday.
The extended time period shall be available only for those corporate cases where due tax to be paid is deposited by December 31, 2009 while the corresponding return may be filed by the extended date. Income tax returns/statements in cases of non-filers/short-filers individuals/association of persons (AOPs) may also be filed by depositing the tax payable along with the returns/statements by January 25, 2010.
According to the statement, penalties, additional tax and prosecution shall, therefore, not be attracted in cases where income tax returns/statements are filed/e-filed accordingly by the extended date 1.e., January 25, 2010, if the conditions mentioned above are fulfilled.
Relevant branches of State Bank of Pakistan and National Bank of Pakistan will remain open to receive tax payments up to 08:00pm, and all Inland Revenue Regional Tax Offices and Large Taxpayers Units will remain open till 9:00pm on December 31, 2009.