ISLAMABAD: The Federal Board of Revenue (FBR) has urged taxpayers to put forward their income tax returns for the tax year (TY) 2015 positively by Wednesday as September 30, 2015 is the last date for the submission of tax returns. In case of failure, the FBR will take actions against the non-filers as per rules.
The FBR has advised that it is the last chance for the taxpayers to submit their income and sales tax returns for the TY 2015.
Regarding this matter, the Regional Tax Office (RTO) Multan was crowded with taxpayers on Tuesday as salaried and commercial taxpayers were in great hurry to submit their income and sales tax returns and wealth statements before the last appointed date of the FBR.
To facilitate the tax payers, the RTO Multan has established information counter for the guidance of the tax payers and the representatives of the regional office guide the tax payers regarding shortcomings in their documents and guide them where they have to submit them throughout the day. The salaried persons mostly submit their tax returns individually whereas the industrialists and traders have got the services of the various tax consultants regarding this matter.
It is pertinent to mention that the Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar allowed the FBR to extend the date of filing of income tax returns for salaried persons and statements under Section 115(4) of the Income Tax Ordinance 2001 till September 30, 2015 on the request of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), various chambers of commerce, All Pakistan Tax Bar Association and other trade bodies.