119(3) / 114 (Order to grant / refuse extension in time for filing of Return of Income)
In light of circumstances mentioned in your application, extension is hereby granted till 15.01.2021. Please note that no further extension will be granted.
When do you receive 119(3) / 114 notice from FBR?
When a person who is required to furnish —
(a) a return of income under section 114 or 117;
(b) a wealth statement under section 116,
is unable to file income tax return or wealth statment within due date , and apply to the Commissioner for extention in time for filing of Income tax return or statment as the case may be.
and the Commissioner is satisfied that the applicant is unable to furnish the return of income, statement to which the application relates by the due date because of —
(a) absence from Pakistan;
(b) sickness or other misadventure; or
(c) any other reasonable cause,
will grant/refuse extension in time for filing of income tax return or statment permission by sending
119(3) / 114 (Order to grant / refuse extension in time for filing of Return of Income)
After receiving 119(3)/114 order for grant of extension from FBR, the Taxpayer must file his tax return within due as as mentioned in the order
Introduction Receiving a Section 119(3)/114 order from the Federal Board of Revenue (FBR) in Pakistan indicates the FBR’s decision on your extension request to file your income tax return. Here’s what you need to know and do when you receive this order.
When Do You Receive a Section 119(3)/114 Order from FBR?
You receive a Section 119(3)/114 order after applying for an extension of time to file your income tax return under Section 119(1). This order communicates whether your extension request has been granted or refused.
Why Did You Get a Section 119(3)/114 Order from FBR?
You received this order because:
- You applied for an extension to file your income tax return.
- The Commissioner reviewed your application.
- The FBR is officially responding to your request.
What Should You Do After Receiving a Section 119(3)/114 Order from FBR?
1. Review the Order Carefully
- Check the Decision: See if your extension request was granted or refused.
- New Deadline: If granted, note the new filing deadline.
- Instructions: Follow any specific instructions or conditions mentioned.
2. Prepare Your Tax Return
- Gather Documents: Collect all necessary financial documents.
- Ensure Accuracy: Make sure all information is accurate and up-to-date.
3. File Your Tax Return
- Use FBR’s IRIS Portal: Submit your return and documents online.
- Meet Deadlines: File before the new deadline if granted, or as soon as possible if refused to minimize penalties.
4. Comply with Deadlines
- Granted Extension: File by the new deadline specified.
- Refused Extension: File immediately to avoid penalties and interest charges.
5. Seek Professional Help if Needed
- Consult a Tax Advisor: Get professional guidance if you’re unsure about any aspect of filing your return.
6. Monitor Your Submission
- Confirmation: Ensure you receive a confirmation from the FBR that your return was successfully filed.
- Follow Up: Promptly follow up with the FBR if you encounter any issues.
7. Keep Detailed Records
- Maintain Copies: Keep records of your extension request, the 119(3)/114 order, your filed return, and all correspondence with the FBR.
8. Learn from the Experience
- Avoid Future Extensions: Prepare your tax return well in advance and keep your financial records organized throughout the year.
Receiving a Section 119(3)/114 order from the FBR is critical. Whether your extension request is granted or refused, act promptly and accurately to maintain compliance with Pakistani tax regulations.
Contact ABH Consultants Islamabad Navigating tax regulations and responding to FBR orders can be complex. At ABH Consultants Islamabad, we specialize in assisting with all aspects of tax compliance. Our team of experienced tax professionals can help you interpret the order, prepare your tax return, and ensure you meet all FBR requirements.
Reach out to help if you are unable to file your Tax Returns Properly