Kasumbi asks FBR to extend IT return deadline

KARACHI: Acting President of the Karachi Chamber of Commerce and Industry (KCCI), Mohammad Ibrahim Kasumbi has requested the Federal Board of Revenue (FBR) to extend last date for filing income tax return for individuals from August 31, 2015 to October 31, 2015.

In a communiqué issued to Chairman FBR Tariq Bajwa, Acting President Ibrahim Kasumbi pointed out that large number of KCCI members, while seeking assistance, expressed deep concerns over short time allowed for tax return for individuals up to August 31, 2015. “Surprisingly, against the past practice, this time, the last date has been fixed as August 31 instead of September 30, 2015.”

He mentioned that a large number of members were travelling to Saudi Arabia for Hajj which will be followed by Eid-ul-Azha in the last week of September 2015. Therefore, for the larger interest of revenue collection and the business community, Ibrahim Kasumbi requested the FBR to extend the date of filing the income tax return for individuals up to October 31, 2015 while considering the entire period of Hajj and complications in the newly launched Income Tax Return Form uploaded recently.