ISLAMABAD: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi on Sunday extended the deadline to submit tax returns till August 2.
According to Radio Pakistan, Zaidi in a press release issued from Islamabad, urged the people to take benefit from this opportunity and file their tax returns timely to avoid difficulties. He said that according to the Income Tax Ordinance, filing of the tax return is compulsory for those who own a house larger than five hundred square yards or a vehicle over 1,000cc.
Moreover, the FBR chairman said that according to Clause 181 AA of The Income Tax Ordinance 2001, it is imperative for the commercial and industrial gas and electricity consumers to become part of the Active Taxpayers List (ATL).
