The Federal Board of Revenue, exercising powers under Section 214A of the Income Tax Ordinance 2001, has announced an extension for filing Income Tax returns for the Tax Year (TY) 2024. The deadline, initially set for September 30, 2024, is now extended to October 14, 2024. This extension responds to requests from various trade bodies, Tax Bar Associations, and the general public.
Taxpayers are encouraged to take advantage of this additional time to ensure accurate and timely filing of their returns. It is important to comply with the new deadline to avoid any penalties or complications.
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