Date extended

Published July 2, 2008

ISLAMABAD, July 1: The Federal Board of Revenue has extended the date for e-filing of income tax withholding statement.

The SRO 695 of 2008 released here on Tuesday said that the new date for filing of withholding statement for income tax will be 20th of each month.

The change in date of income tax withholding statement will ease the pressure on e-portal facilitating the taxpayer. The SRO has been issued to provide reasonable time to the taxpayers to file their statements.

Earlier there was a same date for e-filing of monthly return of sales tax as well as income tax withholding statement and it used to slow down the whole process on e-portal on the last dates.

A further change has been brought and now e-filing has been made mandatory for non-resident ship owner and aircraft owner or charterer thereof. Both these provisions will be applicable from July 1, 2008.