Business

Last date to submit your tax returns is October 31, 2022

The Federal Board of Revenue (FBR) has started collecting income tax returns from salaried business individuals and associations of persons (AOPs).

The last date to submit your tax returns is October 31, 2022.

Federal Minister for Finance and Revenue Ishaq Dar had extended the tax filing date on September 30 keeping in view the demand of the business community.

The FBR, in a statement released earlier, had stated that in view of the current flood situation in the country and requests from various trade bodies, Tax Bar Associations and facilitation of the general public, the board extended the date of filing of income tax returns up to October 31 for all the taxpayers who were required to file returns by September 30.

It should be noted that income tax returns can be filed online also through smartphones by installing the Tax Aasaan application from Google Play Store/App Store.

The FBR has uploaded the income tax return forms for the tax year 2022. It is to be noted that separate income tax return forms for salaried, AOPs, business individuals, and companies have been uploaded.

The income tax returns can either be filed through FBR’s web portal (Iris System), or the Tax Asaan application.

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