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Income Tax Returns

FBR extends date for filing of income tax returns

ISLAMABAD: The Federal Board of Revenue (FBR) on Saturday extended the date for filing of income tax returns and statements for tax year 2018 up to December 15. Earlier, the FBR had extended the deadline in September for filing of  annual income tax returns and wealth statements till November 30, which has further been extended now. According to the latest notification issued by the FBR, the date of  income tax returns and statements of final taxation which were due on August 31 and were extended up to November 30 has…

SC summons 10-year income tax return records of former PTV head

ISLAMABAD: The Supreme Court of Pakistan on Monday summoned the record of last 10 years income tax returns filed by former Managing Director (MD) of state-run Pakistan Television (PTV) Ataul Haq Qasmi. These directives were issued by Chief Justice Mian Saqib Nisar while hearing a suo motu case of Qasmi’s appointment as MD of PTV. During the court proceedings today, Justice Nisar inquired about the person behind the appointment of former PTV chairman Ataul Haq Qasmi. “All expenses incurred by the state-run media…

Deadline for filing income tax returns again extended

ISLAMABAD: The Federal Board of Revenue (FBR) has extended due date for filing of income tax returns or statements by salaried individuals, other individuals and association of persons (AOPs), till November 30. Extension of date had been approved by Finance Minister Senator Mohammad Ishaq Dar on the proposal of FBR, in view of the requests made by tax bars, various trade associations and members of the business community as they could not find ample time for filing of their tax returns, an FBR press release said. It…