The Federal Board of Revenue (FBR) made it clear that it will not be granting any more extensions to file income tax returns even after receiving less than 1.5 million returns.
FBR chief commissioners, nevertheless, have been told to allow returns if someone seeks to file them after December 8, 2020.
“The FBR has received around 1.5 million tax returns so far,” a top official of the FBR confirmed to The News on Monday.
Last fiscal year, 2.9 million returns were filed. The government reportedly believes that the number of returns filed are significantly lower this time because of the difficulty of filing taxes during the second wave of the COVID-19 pandemic.
FBR’s Monday announcement was clear that no extension will be given to filing annual income tax returns after the last date, which is today (December 8).
FBR clarified that the option to file online requests will remain available. All chief commissioners have been directed to grant extensions generously and submit a report on total extension requests received and granted by the chief commissioner to the FBR Headquarters by December 10, 2020.