Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Income Tax Filing Deadline to be extended till October 31, 2025?

byCT Report
15/10/2025
in Breaking News, Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: Taxpayers in Pakistan are facing stressful season amid glitches in the IRIS system and ongong protests, which have deterred many from submitting their income tax returns on time.

Lahore Tax Bar Association formally urged Prime Minister Shehbaz Sharif to extend the deadline for filing income tax returns, citing technical issues in Federal Board of Revenue’s IRIS system that are preventing timely submissions.

You might also like

Mobile manufacturers warn of IMEI cloning, oppose used phone imports

27/04/2026

Textile exporters warn of factory closures as costs surge, refunds delayed

27/04/2026

In letter sent to Prime Minister, the association highlighted multiple system errors, including incorrect calculation of tax credits and tax under Section 4AB on “AOP” (Association of Persons) income, which is legally exempt.

The letter also raised concerns over misallocation of income under the Minimum Tax Regime and errors in calculating tax on Profit on Debt under Section 151.

The association emphasized that these technical flaws have caused frustration among taxpayers and tax practitioners, with many unable to file returns on time. It also pointed out that the relevant return form was issued 219 days late, consuming a significant portion of the legal filing period.

The Lahore Tax Bar requested that the income tax filing deadline be extended to October 31, 2025, to ensure fairness and provide relief to taxpayers.

Income Tax Returns Deadline

Last month, tax officials announced extension for filing income tax returns for 2025 tax year, pushing deadline to October 15 in move comes hours before original September 30 deadline which was set to expire.

The decision signals that FBR bowed to mounting pressure from trade bodies, tax bar associations, and the general public, effectively walking back its firm promise to stick to the original deadline.

According to official statement, the extension has been issued under Section 214A of the Income Tax Ordinance, 2001. “This extension responds to requests from various stakeholders, including trade bodies and tax bar associations,” FBR said.

Related Stories

Mobile manufacturers warn of IMEI cloning, oppose used phone imports

byCT Report
27/04/2026

ISLAMABAD: The Pakistan Mobile Phone Manufacturers Association (PMPMA) has raised concerns over the sale of smuggled, stolen and counterfeit mobile...

Textile exporters warn of factory closures as costs surge, refunds delayed

byCT Report
27/04/2026

ISLAMABAD: The textile export industry has raised concerns over rising costs and policy constraints, warning that current conditions could lead...

FBR reforms to eliminate tax evasion, non-filers

byCT Report
27/04/2026

FAISALABAD: The Federal Board of Revenue (FBR) is undertaking extensive reforms and structural changes aimed at completely eliminating tax evasion...

DG Valuation raises customs value on imported used iPhones

byCT Report
27/04/2026

KARACHI: Pakistan Customs has notified revised enhanced customs values for imported old and used Apple iPhones, a move that is...

Next Post

Jazz recognised by FBR as top taxpayer for FY 2024–25

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.