*ISLAMABAD – Federal government has announced important decision over latefiling of income tax returns.*
*Minister of State for Revenue Hammad Azhar on Tuesday announced that thegovernment has decided to waive a penalty imposed on late filers of taxreturns for years preceding 2017-18.*
In a tweet, the minister said: “The government has decided to waive thepenalty for late filing along with audit for Salaried Group of late filercases. These cases were selected for audit and penalty was prescribed bythe previous government.”
He reiterated the government’s resolve to facilitate the people in filingtax returns.
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The government has decided to waive the penalty for late filing along withaudit for Salaried Group of late filer cases. These cases were selected foraudit and penalty was prescribed by the previous government. This govt iscommitted on facilitating people in filing returns.1,916 link3:43 PM – Nov 27, 2018linkTwitter Ads info and privacy link
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Earlier on Nov 14, the Federal Board of Revenue (FBR) issued audit noticesto more than a million citizens filing returns for tax years preceding2017-18 (2015, 2016, and 2017).
