ISLAMABAD: Federal Finance Minister and Federal Board of Revenue have received a number of requests for extension in date of filing of Income Tax Returns for Tax Year 2014, from FPCCI, Provincial Chambers of Commerce & Industry, All Pakistan Tax Bars Association, Pakistan Tax Advisors Association, All Pakistan Anjuman-e-Tajran and various other Trade Bodies and Business Associations stating that due to advent of Muharram-ul-Haram a number of taxpayers will be busy in observing their religious rites starting from the last week of October, 2014. Moreover many taxpayers remained outside Pakistan for performance of Hajj and many of them have still not arrived back.
The FBR has considered the request of the taxpayers and on the directions of the Federal Minister for Finance and Revenue, Senator Ishaq Dar, it has been decided that the date of filing of returns which was already extended to 31st October, 2014 may further be extended to 21st November, 2014. However, taxpayers are advised in their own interest to file their returns as early as possible without waiting for the last date because when everybody approaches FBR’s web-portal during the last dates to file their returns there is a possibility of overloading the system which may cause difficulties for the taxpayers.
