KARACHI: The Federal Board of Revenue (FBR) has extended the date of filing of income tax statements for the tax year 2018 till till August 02, 2019, a statement said on Monday.
The following persons are required to furnish a return of income for tax year in terms of Section 114(1)(50) to (vi) of the Income Tax Ordinance, 2001:
Owns immovable properly with a land area of two hundred and fifty square yards or more or owns any flat located in areas falling within the municipal limits existing immediately before the commencement of Local Government laws in the provinces, or areas in a Cantonment, or the Islamabad Capital Territory;
Owns immoveable property with a land area of five hundred square yards or more located in a rating area, Owns a flat having covered area of two thousand square feet or more located in a rating area;
Owns a motor vehicle having engine capacity above 1000 CC.
However, it is observed that some taxpayers falling under above conditions have not filed the, income tax return/statement for the tax year 2018.
In order to facilitate the taxpayers falling under the above categories, they are hereby given an opportunity to the the, income tax return/statements.
Federal Board of Revenue is pleased to further extend the date of filing of Income Tax Returns/ Statements for the Tax Year 2018 upto 2 August, 2019 for taxpayers of above-mentioned categories.