Currently, tax year 2019 and tax year 2017 returns can be e-filed. … The PTBA urged the FBR chairman to extend the last date for filing of return of income and statement of final taxation for individuals, Association of Persons (AOPs) and companies (other than public limited companies quoted on stock exchange) to June 30, 2019. To file the online Income Tax Return after due date you would still have to complete the filing of Income Tax Return as described above. Last Date of Tax Audit For FY 2019-20. ISLAMABAD: Federal Board of Revenue (FBR) issued Circular No. Individual & Association of Person (AOP) On or before 30th September. The FBR extended the last date for submitting sales tax and federal excise return for the month to October 25, 2019 from October 18, 2019. Submit Your Tax Return Before Last Date, 31st Oct 2019 | The extension was expected due to the delay in release of Form 16. FBR further Extended Date for Submission of Annual Income Tax Return 2019 Up To 16th December 2019, Vide circular no 16/2019 dated 29th November 2019. The income tax department has extended the last date for filing your income tax returns (ITR) to August 31. FBR Foundation ; Virtual One Stop Shop (VOSS) Field Office Websites; State Bank of Pakistan; Securities and Exchange Commission of Pakistan ; Trade Development Authority of Pakistan ; Gwadar Development Authority Recently, the government extends FBR tax return last date to 31 Oct 2019. On or before 31st December. © 2020 (Copy Rights Reserved By 'Global Tax Consultants'. The FBR has extended the deadline to give people an opportunity to become tax filers. Your email address will not be published. Tax period for Income Tax Return. The Federal Board of Revenue (FBR) on Friday extended the deadline for the filing of income tax returns for the tax year 2019 until February 28. If your gross total income — before allowing deductions under Section 80C and 80U — exceeds Rs 2,50,000 in a financial year, it is mandatory to file returns. Filing due dates for the 2020 tax return; Filing due date for the 2020 tax return for non-residents of Canada; Balance owing ; When do you have to pay your 2021 instalments? FBR further Extended Date for Submission of Annual Income Tax Return 2019 Up To 16th December 2019, Vide circular no 16/2019 dated 29th November 2019. © 2020 (Copy Rights Reserved By 'Global Tax Consultants'. Read more about Income Tax return forms for AY 2019-20 out; last date of filing July 31 on Business Standard. Usually the deadline of ITR filing is 31 July of each year, but due to the COVID-19 pandemic, the deadline has been extended by the Central Board of Direct Taxes (CBDT). Income Tax Return (ITR) Filing 2019-20 Last date: July 31, 2019, is the last day for filing Income Tax Return (ITR) for the assessment year 2019-20 (the financial year 2018-19). The Federal Board of Revenue (FBR) has extended the date of filing income tax returns/statements for the tax year 2018 till August 2, 2019. Last date for submission of annual income tax return has been further extended by FBR which was already extended up to 30th November 2019 previously by FBR. On the indirect tax compliance, the government has extended the date for filing annual return under GST for financial year 2019-20 to February 28 from the previous deadline of December 31. Payment dates for Goods and services tax/harmonized sales tax (GST/HST) credits; Payment dates for Canada Child benefit (CCB) Important dates for RRSP, RDSP, HBP and LLP ), Global Tax Consultants Lahore Pakistan | Top Tax Consultants Advisers, IPO (INTELLECTUAL PROPERTY ORGANIZATION ), Advance Tax on Purchase & Sale of Property, How to Become Active Taxpayer & Filer In FBR, Top Tax Lawyers, Chartered Accountants & Consultants In Lahore Pakistan, #FBRextendedlastdatesubmissiontaxreturn2019, #GlobalTaxConsultants.Pk #GlobalTaxConsultantsLahore #TaxConsultantsNearMe #PTAMobileRegistration #TaxCalculator #Taxasaan.com. KARACHI: The Federal Board of Revenue (FBR) has notified extension in the date of filing income tax returns and statements for Tax Year 2019 till December 31, 2019. Filing a Return to Get a Stimulus Payment . Filing Income Tax Return Due Dates for FY 2019-20 (AY 2020-21) There is a different category of taxpayer viz. The Federal Board of Revenue (FBR) has extended the date of filing income tax returns/statements for the tax year 2018 till August 2, 2019. Company having a special tax year. Extension filings are only available for the currently due tax … ITR Filing 2019-20: The last day for filing your income tax return (ITR) for the financial year 2019-20 (FY20) is finally approaching. 6th July 2019 – Copies of 2018/2019 P11D issued to employees. UM 33, Zainab Tower, Model Town, Link Road, Lahore, Pakistan. Facebook ; Twitter ; YouTube ; Official Email (FBR Employees) Government Links . Previously, the last date of filing income tax return was up to 8th December, 2020. Extension has been allowed to those taxpayers who requested to FBR through applications under Section 119 of Income Tax Ordinance, 2001 for extensions. Due Date for Tax Filing: Taxpayers now have until the end of this year to file their income tax return. Last year FBR extended the last date for submission of tax return for tax year 2019 up to 28th February, 2020. New Delhi: The Finance Ministry, on Wednesday, extended the deadlines for filing income tax returns for FY 2019-20 (AY 2020-21) in a big relief to taxpayers. Federal Board of Revenue Chairman Shabbar Zaidi has said the last date for filing of tax returns for year 2018 has been extended till August 2. New Delhi: The Finance Ministry, on Wednesday, extended the deadlines for filing income tax returns for FY 2019-20 (AY 2020-21) in a big relief to taxpayers.The last date for filing ITR by individual taxpayers has been extended to January 10, 2021, from December 31, 2020, earlier. FBR is currently focusing the increase in no of taxpayers instead of what revenue they are generating. A tax year is a period of twelve months ending on 30th day of June i.e. FBR TVCs. March 15, 2019 (MLN): The Federal Board of Revenue (FBR) has further extended the date for filing income tax returns/statements for the tax year 2018, to March 31, 2019, revealed an official notification issued by the Board. The Federal Board of Revenue (FBR) announced on Wednesday that the last date of filing income tax returns for the year 2020-21 will be September 30. 31st May 2019 – Copies of 2018//2020 P60 issued to employees. Income Tax Return (ITR) Filing FY 2019-20 (AY 2020-21) , GSTR-9 Annual Return Filing Update: From FY 2019-20 income tax return (ITR) to furnishing FY 2018-19 GST annual returns, December 31 is the last date for these financial tasks. The only time this deadline may differ is if you receive notice to make an online tax return from HMRC after 31 October 2019, in which case you have three months from the date of issue. HM Revenue and Customs (HMRC) must receive your tax return and any money you owe by the deadline. Due Date is different according to audit or non-audit case of such categories as defined in section 139(1) Last Date of Income Tax Return Filing for AY 2020-21 (Non-Audit Cases) FBR is one of the most effective government department which deals in Tax related matters all over Pakistan. Due dates. 15/2019 dated October 31, 2019 for extension in date of filing of income tax returns. In order to provide more time to taxpayers for furnishing of Income Tax Returns, it has been decided to further extend the due date for furnishing of Income-Tax Returns and consequently, the date for furnishing of various audit reports under the Act including tax audit report and report in respect of international/specified domestic … Which should also be considered and measures must be taken not only to increase the no of taxpayers but also revenue levels. The Federal Board of Revenue (FBR) has set December 8 as the last date to file tax returns, according to a circular the body issued Friday to the commissioners, stressing that there could be no further extension. The payment due dates for a tax return are determined by client type, the lodgment due date and when the return is lodged. Previously, the last date … In its circular, the FBR said extending the deadline for the filing of tax … The extension was in response to the global coronavirus pandemic sweeping the U.S. 1  In the video we discuss how to File income Tax Return 2019, FBR New Updates Makes Easy to File Return For Resident or Non Resident Pakistani. Circular issued by FBR can be downloaded here, http://download1.fbr.gov.pk/Docs/201911292111352623IMG_20191129_210921.pdf. Videos & Tutorials FBR TVCs ... FBR Exceeds the Tax Target for the Period From July to January of Current Year; Pakistan Customs is gearing up for more achievements in future, Chairman FBR ; S.R.O101(I)/2021 - Constitution of Alternate Dispute Resolution Committee (ADRCs) S.R.O103(I)/2021 - Imports and Exports at … However, if you lodge your tax return through a registered tax agent, the rules are a little different. www.globaltaxconsultants.pk |, Call: 03334875413 | You should still have received a stimulus check or economic impact payment as established by the Coronavirus Aid, Relief, and Economic Security (CARES) Act, even if you hadn't yet filed your 2019 tax return at the time these payments were issued. Federal Board of Revenue (FBR) has directed all the Chief Commissioners IR to ensure that before granting extension in the date of filing of Income Tax Returns for the Tax Year 2019 in the cases where last date of filing of Income Tax Returns is 30th September, 2019, the admitted tax liability is discharged before 30th September, 2019. If you are a salaried employee, you will have to file your Income Tax Returns (ITR). Iris system will ask you for the period: 8. In the video we discuss how to File income Tax Return 2019, FBR New Updates Makes Easy to File Return For Resident or Non Resident Pakistani. Pakistan Tax Bar Association (PTBA) has requested the Federal Board of Revenue (FBR) to extend the date of e-filing of income tax and sales tax returns. Yes. Enter “2018” in “Tax Period” field and click “ ”. ISLAMABAD: The Federal Board of Revenue (FBR) has once again reminded all tax payers to file their income tax returns by December 8, 2020, which is the final date … 5th April 2019 – Deadline for claiming your PAYE tax refund for the tax year 2014/2015. Tax year 2018 federal e-filing will be available in late February, due to IRS extender updates passed recently. 6th April 2019 – 1st day of the new tax year 2019/2020. The Federal Board of Revenue (FBR) has announced the last date of income tax return filing for the tax year 2019. Click “Declaration under Asset Declaration Ordinance 2019”. the financial year and is denoted by the calendar year in which the said date falls. Income Tax Return: In March, the due date was extended from March 31 to June 30. Tahir Sherani Published December 16, 2019 The government had last month given an extension for filing tax returns until Dec 16. HM Revenue and Customs (HMRC) must receive your tax return and any money you owe by the deadline. In other words, your tax return for the financial year from 1 July 2019 to 30 June 2020 must be filed by 31 October 2020. Company. Income Tax Return Filing ; Customs; Prime Minister's package for Construction Sector ; Tax Asaan App; Filer & Non-Filer; Online Tax Payment; Refund Payment; FBR Maloomaat; Benaami Transaction (Prohibition) Act - 2017; Income Tax Return Filing - TVCs Income Tax Return Filing Last date to file Income Tax Return . Income Tax Return relates to a specific tax year. Filing Income Tax Return after deadline. Last date for submission of annual income tax return has been further extended by FBR which was already extended up to 30th November 2019 previously by FBR. “In exercise of the powers conferred under Section 214A of the Income Tax Ordinance 2001, the Federal Board of Revenue is pleased to extend the date of filing of Income Tax Returns/Statements for the Tax Year 2019 as under. 1 September to 22 October 2020: Taxpayers who cannot file electronically can do so at a SARS branch by appointment - CLOSED NOW. In separate letters sent to the chairman FBR, PTBA said that the Assets Declaration Ordinance, 2019 was announced on May 16, 2019 and the last date for filing of declaration is June 30, 2019. The initial due date for filing of returns on total income /statement of final taxation, was August 31, 2018 and was extended up to … WhatsApp: 03174632360 | Office: UM 33, Zainab Tower, Model Town, Link Road, Lahore, #Global_Tax_Consultants_Lahore_Pakistan_Near_Me #Tax_Return #Tax_Experts #Tax_Advisors #Who_Needs_Tax_Return_Submission #FBR #Tax_Return_Due_Date, Your email address will not be published. This is the final deadline for online tax returns - HMRC must have received your tax return by midnight. Last date for filing tax return lapsed. You can generally e-file the currently due tax year and two prior years. 15/2019 dated October 31, 2019 for extension in date of filing of income tax returns. In exercise of the powers conferred under Section 214A of the Income Tax Ordinance 2001 the Federal Board of … ), Global Tax Consultants Lahore Pakistan | Top Tax Consultants Advisers, IPO (INTELLECTUAL PROPERTY ORGANIZATION ), Advance Tax on Purchase & Sale of Property, How to Become Active Taxpayer & Filer In FBR, Top Tax Lawyers, Chartered Accountants & Consultants In Lahore Pakistan. The last tax year started on 6 April 2019 and ended on 5 April 2020. Individuals, firms and companies have to file returns for the income earned in 2018-19 during the course of current fiscal The FBR has set a target of tax returns of four million for tax year 2019. Self Assessment The Internal Revenue Service extended the 2019 federal income tax filing and payment deadline for three months, from April 15 to July 15, 2020. According to a notification issued on Friday, the FBR extended the last date for making payment of sales tax and federal excise duty for the month of September 2019 to October 22, 2019 from October 15, 2019. The Federal Board of Revenue has extended the deadline for filing income tax returns or statements for Tax Year 2018 to August 2, 2019, according to a notification it issued on Monday. You have an opportunity to pay your tax on time. Key lodgment and payment dates for 2020–21, arranged by month. The government on Tuesday extended the due date for filing income tax returns by individuals for financial year 2018-19 by a month till 31 August.. You have an opportunity to pay your tax on time. 2017 Tax Forms, Tools The 2018 Return Refund deadline is April 15, 2022; 2019 Return Refund is April 15, 2023. Have you filed your income tax return (ITR) for financial year 2019-20 … 3 | P a g e 7. Income Tax Return Filing. We will continue to update you as we get more information on tax return filing and payment due dates. Otherwise, in case of any late submission of tax you have to pay fine of it. The date of filing of Total Income / Statements of final taxation for Companies for the Tax Year 2019 which were due on September 30, 2019 and extended up to October 31, 2019, in respect of those companies who have paid 95% of the admitted tax liability on or before September 30, 2019, has been extended up to November 30, 2019. Previously, the last date … UM 33, Zainab Tower, Model Town, Link Road, Lahore, Pakistan. The board had received 2.51m tax returns for the first time in its history for TY18 as against 1.49m returns filed for TY17. There are plans to e-File amendment form 1040-X by mid 2021. ISLAMABAD: Federal Board of Revenue (FBR) issued Circular No. If you have any questions, please contact your MCB Advisor today at 703.218.3600 or click here. The date of filing of Total Income / Statements of final taxation for Individuals and Associations of Persons for the Tax Year 2019 which were due on September 30, … October 31, 2019 (MLN): The Federal Board of Revenue has extended the date of filing Income Tax Returns / Statements for the Tax Year 2019 as under: The date of filing of Total Income / Statements of final taxation for Individuals and Associations of Persons for the Tax Year 2019 which were due on September 30, 2019 and extended up to October 31, 2019 has been extended up to November 30, 2019. On 30th day of the most effective government department which deals in tax related all. Filing dates 1 September to 16 November 2020: taxpayers who file online - CLOSED.! Return Stay Connected get more information on tax return and any money you owe by deadline! Opportunity to pay your tax return ( ITR ) for the financial year 2019-20 … Yes June.. As we get more information on tax return through a registered tax agent, lodgment. 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