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Tax lawyers seek 2 months more for filing income tax returns

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Sixty-seven tax lawyers’ associations in the country have applied for an extension of two months for filing income tax returns due to the delay in receiving circulars of the tax year 2022-2023, Bangladesh Tax Lawyers Association (BTLA) has said.

 

They also demanded to take into account the unfavorable situation in the economy due to the global economic recession. The central organization of tax lawyers, BTLA, has agreed to the demands of the associations.

 

Read more: Govt struggles to lift tax-GDP ratio to double digits

 

BTLA Secretary Advocate Khorshed Alam said that a separate application has been submitted to the NBR chairman in this regard.

 

The tax lawyersโ€™ organizations say that apart from the economic downturn, there is a huge shortfall in the National Board of Revenue (NBR) campaign this year. Due to this, there are more than 80 lakh e-TIN holders, but the number of return filings is few so far.

 

Read more: NBR counting losses for rampant tax evasion

 

Considering the circumstances, an extension of two months has been requested to allow taxpayers an opportunity to file their returns.

 

Source: United News of Bangladesh