ISLAMABAD: Federal Minister for Finance Senator Mohammad Ishaq Dar approved the extension of date of filing of Income tax Returns to October 31 for facilitating the people.
Finance Minister in a statement issued said, “There were a large number of appeals, conveyed in writing, through SMS, fax and phone calls, with people complaining about difficulties in filing tax returns, the on-going sit-ins topping them all. So I had to consider the requests to facilitate the people”.
For individuals and Association of Persons the date of filing Income tax Returns/statements is extended to October 31, 2014, it was September 30 earlier.
The date of filing of Returns of Total Income/Statements of Final taxation due on August 31,2014 and extended to September 30, 2014 has been further extended to October 31, 2014.
The date of filing of Returns of Total Income/Statements of Final Taxation of Companies whose tax year ends between the 1st day of July, 2013 to 31 December, 2013 due on or before September 30, 2014 has also been extended up to October 31, 2014 provide that the admitted liability of tax due with return is deposited by September 30, 2014.
“We want to promote the tax culture in Pakistan and for this purpose we shall facilitate the tax payers”,the Finance Minister said.