PTBA urges FBR to extend the return filing date by 60 days
The Pakistan Tax Bar Association (PTBA) has urged the Federal Board of Revenue (FBR) to extend the date for filing of return of income for the tax year 2020 till 31st January 2021. In his letter to the Chairman FBR, Javed Ghani, the PTBA President, Aftab Hussain Nagra, has said that the global situation created due to the coronavirus pandemic has made it impossible for taxpayers to timely file their tax returns. “No doubt that COVID-19 situation has affected the whole world even the Asian countries are also suffering hardship due to the Covid-19. It is worth to mention here that normal life / normal business activities are not going on due to the COVID situation, which can be evaluated from the fact that even the Government of India has further extended time for filing of return till 31st January 2021 from the original due date i.e. 31st July 2020,” read the letter. Read also: PIA removed from banned airlines list in EU territories “Moreover, the other issues like tax calculation of Behbood savings certificates/ profit etc is also required to be deployed correctly in the system. PTBA has already pointed out in writing the issue in detail through letter … Continue reading PTBA urges FBR to extend the return filing date by 60 days
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