ISLAMABAD – The Federal Board of Revenue (FBR) has announced that there will be no extension for submitting income tax returns for the fiscal year 2024.
In a statement issued by the FBR, it was clarified that reports circulating in various media about an extension for the submission of income tax returns are untrue.
The announcement urged all taxpayers to file their income tax returns promptly to avoid penalties and fines.
Previously, sources indicated that a one-month extension for filing income tax returns might be possible due to system overload preventing citizens from filing returns.
According to FBR sources, only salaried individuals are managing to file tax returns under the current system, while those with heavy data or large files are facing processing difficulties.
So far, more than 3.5 million individuals have submitted their income tax returns. It is important to note that the FBR has set September 30 as the deadline for tax return submissions.