ایف بی آر کی پریس ریلیز

FBR extends date of payment of tax alongwith the return of total income/statement of final taxation for the tax year 2011

The Federal Board of Revenue issued circular No. 17 of 2011 here today, regarding extension in the date of payment of tax alongw1th the return of total income/statement of final taxation for the tax year 2011. It has been represented by the All Pakistan Tax Bar Association and other trade bodies of the country that as the date of filing of Return of Total Income/Statement of Final Taxation for the tax year 2011 has been extended upto 21st November, 2011 and the fact that Eid-ul-Azha is approaching and many taxpayers are out of the country for performance of Hajj, the date of deposit of tax may also be extended upto 21st November, 2011. Therefore, in exercise of powers conferred under section 241A of the Income Tax Ordinance, 2001, the FBR is pleased to extend the date of deposit of tax liability alongwith the return upto 21st November, 2011.