Friday, October 29, 2010

TAX FILING DEADLINE FOR 2011

Inland Revenue Board has granted a grace period of up to 3 days for the submission of hard copy of return forms by post and by hand but excluding return form submitted through e-filing.
Tax FormsNotes
BE, B, M, E, P, TP, TJ & TF for year of assessment 2010
The concession also applies to payment of the balance of tax under subsection 103(1) of the Income Tax Act, 1967.

C, R, C1, TA, TC & TR in calendar year 2011
The concession is only applicable for submission of return falling within calendar year 2011.

It also applies to payment of the balance of tax under subsection 103(1) of the Income Tax Act, 1967, payment of debt due to the Government under Finance Act 2007 (Act 683) and Finance Act 2009 (Act 693).

Here are the example of extension of time for Form C & R.

Year
of assessment
Financial
year end
Extension
of time
201031 May 20107 January 2011
201030 June 20103 February 2011
201031 Dec 20103 August 2011
201131 May 20123 January 2012

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