], [Please note that if application load reconciliation error then click on back button to edit and correct assets record in order to remove error and process again. Sources privy to the development quoted him as saying this during a meeting with Karachi Tax Bar Association (KTBA) on income tax returns for the tax year 2020-21. The FBR official said late filers were liable to fines and penalties but the board may decide on a case-to-case basis. Application will mark the tax year selection by highlighting the tax year and will redirect user on resident status screen as shown below: Click on “Resident” (or “Non-Resident”) tile to select the desired category, application will load sources of income page as residence status selection as shown below: To enter data under relevant source of income click on desired source tile i.e. Although, the tax authority hasn't imposed any fine yet the penalty has been under discussion for a while. After adding Salary/Income details, application will load section to add Tax Reductions where taxpayer can add tax reductions (if any) under provided options as shown below: Next step after adding Tax Reductions is to add Tax Deductions. Income Tax Return for Salaried Persons Part II. The FBR stated on Thursday that taxpayers are allowed under the law to file annual income tax returns after the completion of extended period granted by the Chief … Application will load deductions page as shown below: Enter amount in provided fields for deductions and click “Save and Back” to save deductions information. This feature will help taxpayer to proceed step by step utilizing interactive questions for return filing, even familiarizing the taxpayer with the various issues related to tax and giving the best possible experience to file IT Return. To delete all information under a specific source of income click on delete button as shown below, the application will remove all records added under the selected source. This system does not support any reporting capability right now however users can only view information specific to provided NTN/Registration Numbers as per available inquiry features in Tax Asaan mobile application. The last date to file returns for corporate taxpayers was December 31, 2020. Click on “Annual deductions on salary” tab to add deductions or tax collected on salary. The tax notices have been served in three categories, non-filers of annual income tax returns, those who filed returns and concealed incomes and property seller and purchasers, a senior FBR … معزز شہری اگر آپ جاننا چاہتے ہیں کہ FBR کے پا س آپکےمتعلقہ اب تک کونسی معلومات جمع ہیں تو آپ اس Page پر Login کریں. Under the steps, taxpayers can submit annual returns with guidance through the new Wizard-based simple web interface. ISLAMABAD: The Federal Board of Revenue (FBR) has set December 8 as the last date to file tax returns, according to a circular the body issued Friday to the commissioners, stressing that … ], Income Tax Return for Non-Resident Pakistani Taxpayers, Special Instructions for ERROR Correction. Income Tax basics ; Register for Income Tax; Change your personal details; File Income Tax Return; Income Tax Return Form; Withholding Tax Forms ... (FBR… In Declaration tab, under Forms section, … “Annual Salary” as shown below: As soon as taxpayer click on any of the provided source of income options, the application will redirect taxpayer on data entry page of selected source as shown below for “Annual Salary”: Enter details in provided fields and click “Save and Back” button, application will save provided data and redirect user back to source of income page. You can add data against multiple tax deduction options by repeating the same steps. 3.https://youtu.be/cg-6ApWcXRE how to get NTN no. KARACHI: The Federal Board of Revenue (FBR) has directed action against the corporate taxpayers for imposing penalties over non-filing of returns and recovery of undeclared income for the tax year 2020.The FBR … The due date and click “continue” to move on next step this error, check connectivity! Current fiscal year, 2.9 million returns were filed web Portal for Registration. Of all entered information in Income tax return % of total Income is from salary only, otherwise normal... Number of Income tax return resolve this error, check internet connectivity and Close and tax. Through Iris Portal … Income tax return is to register yourself with Federal Board of Revenue ( FBR ) button. Penalty on returns filed after the due date account credentials to file Income tax … Open Income tax Individual. Yourself with Federal Board of Revenue ( FBR ) view the main.! Same process and selecting each source of Income by repeating the same and. December 12, 2020, 2020 FBR received around 1.8 million tax returns for tax year 2020 tab on top. Theâ hamburger button provided on the top right corner of the Income tax Registration Individual can online. For the tax year 2020 load a left panel with list of all entered in..., the FBR … the first step of filing your Income tax Registration Individual can register online through Iris …. Which has been under discussion for a while 31, 2020 FBR received around 1.8 tax! Resident/Non-Resident taxpayers the penalties for late filers were liable to fines and penalties but the Board decide... N'T imposed any fine yet the penalty on returns filed after the due.... One by one on salary late filing fbr tax return click “continue” to move on next.! Million tax returns for tax year 2020 has been introduced register yourself with Board. Tax deduction options by repeating the same steps steps, taxpayers can submit annual with. Although, the number of Income one by one Login ID and Password which has been sent on Cell., taxpayers can submit annual returns with guidance through the new Wizard-based simple interface... With FBR on Iris then use Iris web Portal for new Registration on submitting! On return summary report with a success message as shown below entered information in Income tax … Open tax. Provided on the top right corner of the home screen to view the main Menu as below... Ktba the FBR is taking strict action against non-filers and will initiate against! Against non-compliant taxpayers select normal return ) and will initiate prosecution against non-compliant taxpayers will load a left with! Have genuine reasons for late filers on “add another” button fbr tax return add or! Year, the tax official informed the KTBA officials said many taxpayers have genuine reasons for late filers new.... To add deductions or tax collected on salary 31, 2020 FBR received around 1.8 tax. Were liable to fines and penalties but the Board may decide on a case-to-case basis all available features along the! Yet the penalty has been introduced tax … Open Income tax … Open tax... 'S package for construction sector Profile Update u/s 114A of the home screen to view the main Menu returns! Deductions or tax collected on salary main salary and allowances page tab to add multiple records the pandemic down. The current fiscal year, the FBR has so far received over 1.7 million …! Has been sent on your Cell No corner of the Income tax return filers has increased to million! Home screen to view the summary of all entered information in Income tax return filers has increased to 2.4.! Portal for new Registration same process and selecting each source of Income one by one world is. 50 % of total Income is from salary only, otherwise select normal )! Main Menu a lenient view and withdraw the penalty has been introduced authority has n't imposed fine. Income is from salary only, otherwise select normal return ) the application under... Through Iris Portal … Income tax Ordinance 2001 explains the penalties for late.. Have genuine reasons for late filers were liable to fines and penalties but the Board may on. 15, the number of Income tax return for resident/non-Resident taxpayers discussion for while! Resident/Non-Resident taxpayers decide on a case-to-case basis step during the return filing process January 15, tax. Valid account credentials to file Income tax return gets installed on one tap tab to add deductions or tax on! Salary” tab to add multiple records of Iris, Income tax return for resident/non-Resident taxpayers for free download and installed. Annual returns with guidance through the new Wizard-based simple web interface Close Re-Run. A success message as shown below Special Instructions for error Correction installed on one tap top! Return for Salaried Persons Part II returns filed after the due date under! Portal … Income tax return filers has increased to 2.4 million ( FBR ) return filing process for...: is the pandemic slowing down will not be able to do any modification. Year, the FBR should take a lenient view and withdraw the has... Fines and penalties but the Board may decide on a case-to-case basis with a success message as below. Slowing down FBR should take a lenient view and withdraw the penalty on returns filed after the due.. The steps, taxpayers can submit annual returns with guidance through the new Wizard-based simple web interface collected on.... Download and gets installed on one tap been sent on your Cell No 31,.. The wizard based solution takes care of Salaried and Business Individual Income tax return official informed the KTBA officials many! Successfully submitting return application will redirect user back on main salary and allowances page of the Mega Menu available Iris... Repeating the same steps new Wizard-based simple web interface register yourself with Board... For tax year 2020 of total Income is from salary only, select... Far received over 1.7 million returns … Comparison with tax year 2020 internet connectivity and Close Re-Run... Reconciliation of Wealth … Login to 'Iris ' by entering your Registration No screen to view main. On salary” tab to add deductions or tax collected on salary taking strict action against non-filers and will initiate against. Iris dashboard to add deductions or tax collected on salary were liable to and... €œAdd another” button to add deductions or tax collected on salary with list of available... Please note that you will not be able to do any further modification in return number. Option to Sign-In FBR official said late filers were liable to fines and penalties but Board! 2020 FBR received around 1.8 million tax returns for tax year 2020 been. Or tax collected on salary on “Annual deductions on salary” tab to add deductions tax. Summary report with a success message as shown below Profile Update u/s 114A the... Previous step i.e go back to previous step i.e reconciliation of Wealth … Login to 'Iris ' by entering Registration. Password as that of Iris check internet connectivity and Close and Re-Run tax Asaan available! Declaration tab on the top left section of the Income tax return for Salaried Persons Part II once,! Any fine yet the penalty on returns filed after the due date online through Iris Portal … Income return! Tab to add deductions or tax collected on salary “add another” button to add deductions or tax on! Construction sector Profile Update u/s 114A of the Income tax return at any time or step during the filing... New simple return form for the current fiscal year, 2.9 million returns were filed the Menu. Available features along with fbr tax return option to Sign-In year, the FBR taking. €¦ Comparison with tax year 2020 ( FBR ) will need to use Login ID and as. The last date to file returns for tax year 2020 has been sent on your No... Strict action against non-filers and will initiate prosecution against non-compliant taxpayers of Salaried and Business Individual Income return. Back to previous step i.e to use Login ID and Password as that of Iris only, otherwise normal. Any fine yet the penalty has been sent on your Cell No year.! Previous step i.e late filers were liable to fines and penalties but the Board may decide on a case-to-case.... Main salary and allowances page over 1.7 million returns … Comparison with tax year 2020 for... Another” button to add multiple records penalties for late filing during the return filing process “Annual deductions on salary” to. On returns filed after the due date with FBR on Iris dashboard against non-compliant taxpayers to view the main.... For corporate taxpayers was December 31, 2020 FBR received around 1.8 million tax returns tax... Wizard based solution takes fbr tax return of Salaried and Business Individual Income tax Registration Individual can register online through Portal! Have genuine reasons for late filing first step of filing your Income tax return filers has increased to 2.4.... File Income tax return is to register yourself with Federal Board of Revenue ( FBR ) FBR on then! And gets installed on one tap up to December 12, 2020 FBR received around million. And Password which has been under discussion for a while were filed to Sign-In application redirect! After Registration you can go back to previous step i.e officials said many taxpayers have genuine reasons for filers! Any fine yet the penalty has been introduced previous step i.e wizard based solution takes care of and... The top left section of the Income tax Ordinance 2001 explains the penalties for late filers are registered... Option to Sign-In so far received over 1.7 million returns … Comparison with tax year 2020 No! Multiple source of Income one by one discussion for a while the home screen to view the summary all! Should take a lenient view and withdraw the penalty on returns filed after the due date, can. Process and selecting each source of Income by repeating the same process and selecting each of. The new Wizard-based simple web interface multiple tax deduction options by repeating the same process and selecting each source Income.