DHAKA, Nov 22, 2023 (BSS) - The Federation of Bangladesh Chambers of Commerce 
and Industry (FBCCI) has urged the government to extend the deadline for 
submitting income tax returns by another month. 

The country's apex trade body made the request through a letter sent to 
National Board of Revenue (NBR) chairman Abu Hena Md Rahmatul Muneem.

The FBCCI's letter mentioned that there is a need to extend the deadline for 
submitting returns till December 31. 

Explaining the reason for this, the FBCCI said that the taxpayers did not get 
much time to prepare themselves this time due to the implementation of the 
new Income Tax Act-2023 and subsequently the late release of income tax 
circulars. 

Apart from this, the apex trade body said it is also not possible for many of 
the taxpayers to submit returns by November 30 due to the ongoing political 
situation and the upcoming general election.

The letter, signed by FBCCI president Mahbubul Alam, also mentioned that 
various trade bodies have requested the FBCCI to extend the deadline for 
filing income tax returns. Under the current circumstances, the FBCCI has 
requested to extend the deadline for submission of income tax returns till 
December 31, 2023 in light of Section 334 of the Income Tax Act-2023.

Under the new Income Tax Act, there is a mandatory provision for submitting 
income tax returns within the income tax day. 

In order to extend the deadline for submission of returns, NBR may declare 
Tax Day to be observed on any other day after November 30.