KCCI seeks an extension in IT returns till October 31

President Karachi Chamber of Commerce & Industry (KCCI) M. Shariq Vohra has requested the government to extend the last date for filing Income Tax Return from September 30, 2021, to October 31, 2021, as many taxpayers were finding it hard to file their returns on time due to ongoing extraordinary situation in which many businesses have suffered badly because of limited timings and other curbs imposed to contain the spread of COVID-19 pandemic.

In a statement issued, President KCCI said that although the government has recently eased some restrictions, the businesses were still struggling to return to complete normalcy; hence they must be provided with some breathing space by extending the last date for filing income tax returns till October 31, 2021.

He stated that KCCI has been receiving many requests from the members of the business and industrial community. They have constantly asked the Chamber to approach the higher authorities to seek an extension on the last date. “It is a well-known fact that the entire nation, including the taxpayers, were hit hard by the fourth wave of Covid-19, and the situation remains challenging to date. Hence, the Federal Board of Revenue must keep all the ground realities in mind and extend the last date for filing an income tax return to October 31, 2021, which the business community would widely appreciate”, he added.

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