Businessmen have demanded that the Federal Board of Revenue (FBR) extend the date for filing income tax returns till December 31, 2022. In a statement on Saturday, Lahore Chamber of Commerce and Industry President Kashif Anwar, Senior Vice President Chaudhry Zafar Mahmood and Vice President Adnan Khalid Butt said that the date should be extended by at least two months so that the business community could easily submit their tax returns.
They pointed out that the FBR had already amended the Income Tax Rules 2002, according to which the authority was drafting an income tax return form in Urdu, which was yet to be notified. They demanded that the Urdu return form should be applicable to the 2022 tax year as well, though it would take time to understand the document. The LCCI office-bearers voiced fear that the business community would not be able to file tax returns till October 31 due to various reasons.
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