Federal Board of Revenue (FBR) on Tuesday ruled out extension in filing income tax returns for the 2025 tax year, saying that all eligible taxpayers must submit their returns by midnight tonight. In a statement, the FBR said the filing window officially closes at 12am, after which those who fail to comply will be treated as late filers under the law.
The authority clarified that non-filers will face penalties in accordance with existing legal provisions. The tax authority emphasised that taxpayers can conveniently submit their returns using the newly introduced simplified income tax return form. However, it warned that any returns filed after the deadline would carry consequences under the law.
FBR advised all eligible taxpayers to ensure submission before the cut-off time tonight. It added that while the filing date itself will not be extended, taxpayers who clear their due tax liabilities may obtain a 15-day extension solely for the purpose of submitting their returns.
Meanwhile, Karachi tax bar association in a letter to FBR chairman stated that there were severe difficulties in submitting income tax returns.
According to the details, the entire business community has demanded a one-month extension in the last date for filing income tax returns. Karachi Tax Bar Association President Ali Rahim said that due to delay in filing tax returns for the year 2025, Statutory Regulatory Orders (SRO) has been issued and only 48 days have been given.
Ali Rahim said that continuous changes in the return format, controversial column was added on September 24 and withdrawn on September 26. Therefore, taxpayers should be given 90 days as per the law for filing returns.
The President Karachi Tax Bar has said that the changes are against Section 237 of the Income Tax Ordinance. The continuous login and filing of tax filing is failing and despite repeated warnings from Karachi Tax Bar, FBR is not serious. They demanded that the portal be completely overhauled and a new return form be issued as per the legal framework.