In Pakistan, the due date for filing the annual income tax return is generally fixed and does not change from year to year. The due date for filing the income tax return is usually 31st July of the following tax year.
For example, if you are required to file an income tax return for the tax year 2021 (1st July 2020 to 30th June 2021), the due date for filing the return would be 31st July 2021. However usually, it is extended by the regulatory authority to attract maximum taxpayers to file return
It is important to note that the due date for filing the income tax return may be extended in certain circumstances, such as if the taxpayer is unable to file the return by the due date due to circumstances beyond their control. In such cases, the taxpayer may be able to request an extension of the filing deadline from the Federal Board of Revenue (FBR).
It is important for businesses to file their income tax returns accurately and on time to avoid penalties and fines. The FBR provides a range of resources and assistance to help businesses understand their tax obligations and comply with the relevant laws and regulations.