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Tuesday, September 29, 2015, Aswin 14, 1422 BS, Zilhaj 14, 1436 Hijr

One month extension  for tax return likely
Moshiur Ahmed Masum
Published :Tuesday, 29 September, 2015,  Time : 12:00 AM  View Count : 12
The National Board of Revenue (NBR) is likely to extend tax return submission deadline for individual taxpayers considering the request of business community, tax lawyers and tax payers, officials said.      
According to the officials the deadline would be extended for one month more from September 30 to October 31.  
'Normally return submission expiry date is September 30. But every year this dateline is extended following the request of a cross section of people. Like previous occasions the NBR may extend the deadline for one month this year, they said.
The NBR Human Management Member Abdur Razzaque told the Daily Observer on Monday that considering the situation it seems that the deadline of return submission has to be extended. But I do not know how long it will be extended, he added.
Parvez Iqbal, Member Income Tax Policy, said, "We are not aware of any extension of deadline until now. When we will be instructed by our authorities, we will take necessary steps".
It was gathered that the Finance Minister Abul Maal Abdul Muhith had already approved the proposal of extension of return submission deadline before his departure for the USA to attend the UNGA in New York.   
As many as 1,61,060 taxpayers submitted income tax returns at the week-long income tax fair across the country that ended on Tuesday.
Last year, around 12 lakh individual taxpayers submitted tax returns and paid taxes.
Around 17 lakh people obtained online taxpayers' identification numbers as of last week, according to the NBR data.

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