RECORDER REPORT

ISLAMABAD: The Federal Board of Revenue (FBR) Tuesday announced that individuals, Association of Persons (AoPs) and companies who/which intend to revise their income tax returns for the Tax Year 2018 may file revised income tax returns/statements till August 2, 2019.

According to an income tax circular # 7 of 2019 issued here on Tuesday, in continuation of Circular 06/2019 dated 01.07.2019, the other individuals/AoPs and companies who/which were required to file their income tax returns/statements for the Tax Year 2018 but have not filed, may avail the opportunity of filing of income tax returns/statements for the TY18.

Similarly, the individuals/AoPs and companies who/which intend to revise the income tax return for the Tax Year 2018, may file revised income tax return/statements till August 2, 2019.

Accordingly, in exercise of the powers conferred under Section 214A of the Income Tax Ordinance, 2001, the Federal Board of Revenue is pleased to further extend the date of filing of income tax returns/statements for the tax year 2018 for individuals/AoPs and companies up to August 2, 2019, added the FBR.