On Tuesday, the Karachi Chamber of Commerce and Industry (KCCI) appealed to Prime Minister PM Imran Khan to direct the Federal Board of Revenue (FBR) to prolong the date of filing income tax returns to 60 days.
According to the details, in a letter to PM; the president of the Karachi Chamber of Commerce and Industry; wrote that there were “mistakes” in the forms issued by the tax authority.
He also added that they have informed the FBR chairman of the mistakes in a letter on November 23.
Pakistan Tax Bar Association (PTBA) on Monday also appealed to the Chairman of the Federal Board of Revenue (FBR) to prolong the deadline for filing tax returns by 60 days.
PTBA President Aftab Hussain Nagra in his letter to the FBR chairman, said that the last date should be extended till January 31st 2021, as there are lockdowns in many parts of the country due to the second wave of the novel coronavirus.
PTBA President said that tax filers living in those areas are facing difficulty which is why the deadline should be extended.
It is pertinent to mention here that FBR’s announcement was clear that no delay will be allowed to file annual income tax returns after the last date, which is today (December 8).
In the previous fiscal year, 2.9 million returns were filed. The government reportedly considers that the number of returns filed is significantly lower this time because of the difficulty of filing taxes during the second wave of the coronavirus pandemic.