File Your Income Tax Return Online in Pakistan: A Step-by-Step Guide

As the Federal Board of Revenue (FBR) sets September 30th as the deadline for income tax return submission, many are eager to know how to file their taxes online independently. Here’s a step-by-step guide to help you navigate the process:

Required Information:

Before you begin filing your income tax return, make sure you have the following details and documents handy

1. Salary Certificate: If you’re a salaried individual, ensure you have your salary certificate.
2. Bank Profit Details: Gather information on any profits earned from your bank accounts.
3. Income from Shares: If you’ve received dividends from shares, gather these details.
4. Expense Estimates: Prepare an estimate of your expenses for the year.

Filing Wealth Tax:

If you need to file wealth tax, be prepared to disclose your assets. Make a list of your assets and their respective values.

Filing Procedure:

1. Visit FBR Website: Go to the official FBR website (https://www.fbr.gov.pk/).
2. Access Income Tax Section: Click on the “Income Tax” tab.
3. Login to IRIS: Access the IRIS link and log in to your account.
4. Select Tax Category: Choose the appropriate tax category based on your income source.
5. Fill in Details: Enter the required details, including your income, expenses, and asset information.
6. Generate Online Challan: You can obtain an online tax challan on the web portal.
7. Pay Tax: Visit a nearby bank to deposit the tax amount mentioned on the challan.

Filing Time:

According to tax expert Zeeshan Merchant, individuals can complete the income tax return filing process in just 4 to 5 minutes if they have all the necessary documents ready.

Remember that by law, you are required to disclose your assets when filing your income tax return.

Filing your income tax return online has been made more accessible by the FBR. Ensure you have all the relevant information at hand to expedite the process and meet the submission deadline.

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