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validity of extension in date of income tax return
09-18-2011, 11:07 PM
Post: #1
validity of extension in date of income tax return
in circular # 10 dt 26-08-2011 ref. C.No.2(2)Tax Base/2010 it has been said that "In exercise of powers conferred under section 214A of the Income Tax Ordinance 2011, FBR is pleased to extend the due dates of filing of income tax returns for the Tax Year
2011"
so my question is " does an extention granted under section 214A of ITO 2011 is valid? or does it is granted with a lawful authority?"
Members please comment.
http//n.fbr.gov.pk/Docs/201182611830238512011circular10.pdf.pdf dated 26-08-2011
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09-19-2011, 03:43 PM
Post: #2
 
What makes you think that there may be issues with the legality of the extension? Please point out the issue in your mind.
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09-20-2011, 01:28 AM
Post: #3
 
Perhaps I was not eloquent enough to put my question. In this circular instead of mentioning Income tax ordinace 2001, extesion in date was granted vide income tax ordinance 2011. An unsigned circular is available at FBR website(I already have provided the link).
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09-20-2011, 03:12 PM
Post: #4
 
OK, I could not notice that. This is just a typing error and does not affect legality. Even quoting wrong section mistakenly will have no adverse effect.
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09-21-2011, 12:56 AM
Post: #5
 
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by student_of_law</i>
<br />OK, I could not notice that. This is just a typing error and does not affect legality. Even quoting wrong section mistakenly will have no adverse effect.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
o.k.
but they should have issued clarification in this regard.
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