Fbr Income Tax Return 2020

Fbr has further simplified the income tax returns for salaried class and small retailers.

Fbr income tax return 2020. In case of any query please feel free to contact income tax policy wing fbr hq. S r o745 i 2020 draft income tax return forms for salaried persons aops companies and business individuals for tax year 2020. Fbr fbrspokesperson october 31 2020 the fbr introduced simple tax return form and a user friendly mobile application for filers to file their income tax returns the tax body said in. Those having obtained a national tax number ntn or registration number but do not have credentials to log into iris can get access by clicking on e enrollment for registered person.

After registration you can log into iris and file your income tax return. Federal board of revenue fbr has uploaded the income tax returns forms for tax year 2020. The federal board of revenue fbr has extended the deadline for the filing of income tax returns until december 8 2020. The fbr issued circular no.

The fbr issued circular no. Fbr reminds taxpayers to file income tax returns before 8th december s r o1213 i 2020 advance ruling rules s r o1217 i 2020 amendment in notification no s r o 212 i 2009 dated 05th march 2009. Fbr income tax slabs for 2020 21 were left unchanged by the government meaning applicable taxes are also unchanged. The individuals and association of persons who were required to file their income tax returns statements of final taxation for the tax year 2020 which were due on september 30 2020 but failed to file their.

The fbr has received around 3 million income tax returns for tax year 2018 and around 2 75 million for tax year 2019 which would increase due to mandatory requirement for availing reduced rate of. The small retailers having turn over up to 10 million will now file simplified one pager income tax returns for tax year 2020. 04 of 2020.