In-principle decision on extension of date for submission of income tax returns, sources


An in-principle decision has been taken to extend the deadline for submission of income tax returns to 30 September 2023.

According to the sources, 2 proposals are under consideration on the issue of extending the date of submission of income tax returns.

According to the sources, according to one proposal, the date of submission of returns should be extended by 15 days, while the other proposal is regarding the extension of 30 days.

According to sources, the final announcement regarding the extension of the date of submission of income tax returns will be made with the approval of Finance Minister Shamshad Akhtar.

The last date for filing income tax returns is September 30, with tax bar associations and various chambers of commerce demanding an extension.

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