FBR issues instructions to facilitate granting of extensions in filing of IT Returns

News Image

MG News | December 07, 2020 at 11:00 PM GMT+05:00

December 07, 2020: The Federal Board of Revenue (FBR) Monday clarified that no further general extension in date would be granted to file annual Income Tax Returns after last date December 08.

While clarifying its earlier circular issued on December 4th and upon requests received from Pakistan Tax Bar, various Chambers of Commerce and Industry, trade bodies and sections of media to extend the last date for filing income tax returns, said a news release issued here by FBR.

The FBR has facilitated the taxpayers' by issuing directions to all IR Field Formations to establish Help Desks to receive manual requests for extension in filing tax returns.

The board has further clarified that one request for extension addressed to Chief Commissioner Inland Revenue concerned could cover multiple taxpayers’ provided it contains taxpayers’ names, their CNIC/NTN and identification of jurisdiction.

The FBR has clarified that option for filing of online request would remain available.

All Chief Commissioners have been directed to grant extensions generously and submit a report on total extension requests received and granted by Chief Commissioner to FBR Headquarters by December 10, 2020.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 177,370.71
271.87M
0.23%
404.02
ALLSHR 107,716.20
642.21M
0.11%
116.44
KSE30 52,827.24
82.38M
0.35%
182.71
KMI30 251,579.93
132.42M
0.03%
64.11
KMIALLSHR 69,528.14
417.99M
0.00%
2.11
BKTi 50,313.91
13.15M
1.11%
551.71
OGTi 36,509.94
8.96M
-0.87%
-321.36
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 78,890.00 78,950.00
78,525.00
370.00
0.47%
BRENT CRUDE 87.46 89.71
85.41
-1.12
-1.26%
RICHARDS BAY COAL MONTHLY 110.30 0.00
0.00
0.80
0.73%
ROTTERDAM COAL MONTHLY 124.80 0.00
0.00
0.00
0.00%
USD RBD PALM OLEIN 1,228.00 1,228.00
1,228.00
0.00
0.00%
CRUDE OIL - WTI 81.82 82.13
81.78
-0.41
-0.50%
SUGAR #11 WORLD 17.62 17.84
17.14
0.35
2.03%

Chart of the Day


Latest News
August 26, 2026 at 04:19 PM GMT+05:00

China’s economy gains momentum on stronger growth drivers


August 26, 2026 at 04:03 PM GMT+05:00

FPCCI calls for tax incentives to boost digital payments


August 26, 2026 at 03:59 PM GMT+05:00

China expands imports to drive global trade growth


August 26, 2026 at 03:53 PM GMT+05:00

China targets 100 key humanoid robot standards by 2028



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg