Daily The Business

FBR extends deadline for tax returns till 30th

By Our Special Correspondent

LAHORE: The Federal Board of Revenue (FBR) on Monday extended the last date for filing of income tax returns for the tax year 2018 until June 30, 2019 in order to facilitate mainly those taxpayers who were excluded from the Active Taxpayers List (ATL) for availing lower rates of withholding taxes.
As per a circular, the government has extended the last date for the filing of income tax/statement of final taxation, which were due on Aug 31, 2018, the last date for filing of returns of total income and statements of final taxation for companies, individuals and association of persons which were due on Sept 30, and extended up to April 30, as well as, the date of filing of returns of total income and statement of final taxation for companies which were due on Dec 31. The last dates have been extended until June 30 for all types of return filing.

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