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The Federal Board of Revenue has extended the last date for filing income tax returns for Tax Year 2026 (the year ended 30 June 2026) to 31 October 2026. This is the second extension: FBR had already moved the original 30 September date to 15 October 2026.
What FBR has announced
Under section 214A of the Income Tax Ordinance, 2001, FBR issued Circular No. 04 of 2026-27 on 15 October 2026. It extends the date to 31 October 2026 for persons who were required to file by 30 September 2026 and whose date had already been extended to 15 October 2026 by Circular No. 03 of 2026-27 (30 September 2026). FBR says the extension was granted on the requests of trade bodies and tax bar associations.
Who it covers
| Taxpayer | Tax Year 2026 return due |
|---|---|
| Individuals (salaried and non-salaried) and AOPs on the normal tax year | 31 October 2026 (extended) |
| Other persons whose return was due on 30 September 2026 | 31 October 2026 (extended) |
| Companies with a 30 June 2026 year end | 31 December 2026 (unchanged) |
The wealth statement is filed with the return, so the same date applies to it.
What happens if you miss 31 October
Section 182A of the Ordinance sets out the consequences of filing after the due date, including a date extended by FBR. A late filer:
- is not included in the Active Taxpayer List for that year, unless they pay a surcharge — since the Finance Act 2026, Rs 25,000 for an individual, Rs 50,000 for an AOP and Rs 100,000 for a company;
- may instead, if an individual, give an undertaking not to acquire any property for six months, in the prescribed form, in place of the surcharge (section 182A(3));
- cannot carry forward a business loss for that tax year;
- is not issued refunds while off the Active Taxpayer List, and that period does not count towards compensation for delayed refunds.
Late filing can also attract a penalty under section 182, and being off the list means higher withholding tax on banking, vehicle and property transactions. See why ATL status matters.
A checklist to file in time
- Log in to IRIS now and check that your profile, mobile number and e-mail are current
- Download your salary and withholding certificates, bank profit certificates and tax deduction data from IRIS
- List assets and liabilities at 30 June 2026 and reconcile them with last year's wealth statement
- Pay any tax due by generating a payment slip (PSID) before you submit
- Submit both the return and the wealth statement — a saved draft is not a filed return — and keep the acknowledgement
Our step-by-step guide explains each stage: How to file your income tax return on IRIS.
Official sources
Frequently asked questions
What is the last date to file the income tax return for Tax Year 2026?
FBR has extended it to 31 October 2026 for persons whose return was due on 30 September 2026, by Circular No. 04 of 2026-27 dated 15 October 2026. Companies with a 30 June year end remain due by 31 December 2026.
What if I file after 31 October 2026?
You will not be on the Active Taxpayer List for Tax Year 2026 unless you pay the section 182A surcharge (Rs 25,000 for an individual) or, as an individual, give the prescribed undertaking not to acquire property for six months. You also lose the carry-forward of that year's business loss and refunds while off the list, and may face a late filing penalty.
This guide is general information based on the law as we understand it on the date shown, not advice for your situation. Tax rules change often — please speak to us before acting on it. See our disclaimer.