ISLAMABAD: The Federal Board of Revenue (FBR) has once again reminded alltax payers to file their income tax returns by the deadline, December 8,2020, as the Bureau will not extend it further.
The FBR said in an official tweet that under Section 114 of the Income TaxOrdinance 2001, all people who own houses spread over 500 sq yards orvehicles of 1,000 cc or more are liable to file tax returns.
People whose commercial electricity bill exceeds Rs500,000 or those whosebusiness income exceeds Rs300,000 per annum are also liable to file tax
