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The Federal Board of Revenue (FBR) has extended the date for filing of income tax returns and statements for the Tax Year 2016 till December 15, 2016. According to circular number 17 of 2016 issued by the FBR here on Wednesday, in exercise of the powers conferred under Section 214A of the Income Tax Ordinance, 2001, the Federal Board of Revenue has extended the date of filing of Returns/Statements for the Tax Year 2016: The date of filing of returns of total income /statement of final taxation which was due on August 31, 2016 (already extended up to November 30, 2016) is hereby further extended till December 15, 2016.
The date of filing of returns of total income /statement of final taxation which was due on September 30, 2016 (already extended up to November 15, 2016) for Individuals and Associations of Persons is hereby further extended till December 15, 2016. The date of filing of returns of total income /statement of final taxation of companies whose returns were due on 30th September, 2016 (already extended up to November 30, 2016) is hereby further extended till December 15, 2016, FBR added.

Copyright Business Recorder, 2016

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