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. 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.
Therefore, there is a need to extend the last date of e-filing of returns of total income and statements of final taxation for individuals, association of persons and companies (other than public limited companies quoted on stock exchange) to June 30, 2019. The last date was already extended by FBR till April 30, 2019 hence the above extension would assist new taxpayers to bring their house in order and come into the main stream of economic activities by availing the benefit to become active taxpayers.
Similarly, in another letter, the association said that the last date for e-filing of sales tax annexure "C" of sales tax return and filing of sales tax return for the tax period "May 2019" is June 10, 2019 and June 15, 2019 respectively. However, due to Eid Holidays from June 04-08, 2019, all the business houses will remain closed. Furthermore, the first working day after Eid and weekly holidays shall be June 10, 2019 which will be the last day of filing of annexure "C". Therefore it would not be practically possible to submit annexure "C" and sales tax return in time.
Keeping the said in view, PTBA has requested the board to extend the last date of e-filing of sales tax annexure "C" and e-filing of sales tax return up to June 18, 2019 for the tax period "May 2019" to facilitate the taxpayers.