IT return form

ISLAMABAD, Aug 8: The FBR has issued a new simplified one-page income tax return form for the tax year 2007. An official announcement issued here on Wednesday said separate return forms had been prepared for corporate and non-corporate cases.

Since e-filing of returns for companies had been made mandatory through Income Tax Law, this return form provides all necessary features for e-filing. Free software for filing and submission of this form is also available online. The newly-designed form for individual/AOPs is also computer compatible and can be filed online.

These forms along with software are available on website www.cbr.gov.pk.— Our reporter

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