FBR achieves double digit growth in tax collection

Earlier, the board extended the date of filing of Total Income Statements of final taxation for Individuals and Associations of Persons for the Tax Year 2019 upto November 30, 2019.

According to an income tax circular number 15 of 2019 issued by the FBR, in exercise of the powers conferred under Section 214A of the Income Tax Ordinance, 2001, the FBR has extended the date of filing of Income Tax Returns/Statements for the Tax Year 2019.

The date of filing of Total Income / Statements of final taxation for Individuals and Associations of Persons for the Tax Year 2019 which were due on September 30, 2019 and extended upto October 31, 2019 is hereby further extended upto November 30, 2019.

Meanwhile, the date of filing of Total Income/ Statements of final taxation for Companies for the Tax Year 2019, which were due on so” September 2019 and extended up to October 31, 2019, in respect of those companies who have paid 95 percent of the admitted tax liability on or before September 30, 2019, is hereby further extended up to November 30, 2019, FBR added.

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