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FBR Extends The Asset Declaration Date

admin-augaf by admin-augaf
September 10, 2021
in Business, Finance
Reading Time: 2 mins read
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FBR Extends The Asset Declaration Date

FBR Extends The Asset Declaration Date

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Islamabad September 10 2021: Taking cognizance of the hardship caused and to facilitate the aggrieved citizen taxpayers, FBR has decided to allow filing of declarations for all those citizen taxpayers/persons who deposited tax under the Ordinance within the due date i.e. July 3rd, 2019 but could not file their declarations due to any reason. The system has been enabled for the purpose and all taxpayers can now file their declarations between September 10th, 2021 till September 25th, 2021.


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Declarations under Assets Declaration Ordinance, 2019. The Assets Declaration Ordinance, 2019 was promulgated on May 14th, 2019 for payment of tax and declaration of corresponding assets by June 30th, 2019. The due date was extended till July 3"1, 2019.

Federal Board of Revenue (FBR) is in receipt of various references from citizen taxpayers whereby it has been conveyed that owing to certain technological impediments, many citizen taxpayers/persons intending to avail the benefit of the Ordinance deposited due tax but could not file their declarations of asset by the due date i.e. July 3"I, 2019.

This is a special dispensation granted under Section 7 of the Federal Board of Revenue Act, 2007.


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