A. BACKGROUND: (1) TLQC 3777 of 15.10.26 about ITR TY 2026: Extension expected till 30.10.26 as 30+ issues in trail, blue, italic and double Line (2) Other relevant TLQCs are in para E.

B. UPDATED COMMENTARY 

1. FBR Circular

1.1 Further to KQU 4134 of 16.10.26, being an important matter, we are pleased to  inform you about Circular No 4 of 15.10.26 about - Extension in Date of Filing of Income Tax Returns for Tax Year 2026 (Attachment 3778.1) .

1.2 In exercise of the powers conferred u/s 214A of ITO, 2001, the FBR is pleased to further extend the date of filing of ITR for TY 2026 upto 31.10.26, in the case of persons who were required to file their returns by 30.9.26, and whose date of filing had earlier been extended upto 10.10.26, vide Circular No. 3 of 2026-27 (IR-Operations) dated 30.9.26 (TLQC 3761 of 1.10.26 refers).

1.3 This extension is being granted in view of the requests received from various trade bodies and tax bar associations.

C. KC CONSIDERED VIEWS

1. What is the deadline, if it falls on Public Holiday

Basic Principle: Whether a tax return or other statutory compliance deadline falling on a public holiday, the deadlines would automatically extended to the next working day.

The relevant legal provision is section 10 of the General Clauses Act, 1897, which addresses the computation of time when a court or office is closed on the last day for performing an act. 

In the similar circumstances, FBR had earlier issued Press Release dated 15.12.2018 (Attachment 0.2) that as 17.12.2018 to be the last date for filing of Income Tax Returns, the FBR expressly stated that, under the General Clauses Act, the deadline falling on Saturday, 15.12.2018, automatically moved to Monday, 17.12.2018.

2. TY 2026 return filing Deadline

Considering the matter in para 1 above, as for TY 2026, the FBR has extended the date to Saturday 31.10.26, hence, we are of considered view that the deadline automatically moved to Monday 2.11.26.

D. KC RECOMMENDATIONS

If you could not file your returns by 15.10.26, please keep the Circular in permanent records of your return folder for ready reference.

E. LIST OF RELEVANT TLQCS; WHILE MOST RELEVANT ARE BOLD

1.       3773 of 13.10.26 about ITR TY 2026: Requests for Extension till 2.12.26 by PTBA

2.       3774 of 13.10.26 about ITR TY 2026: 16+ issues. Hence, sufficent extension be allowed as per KTBA

3.       3761 of 1.10.26 about ITR TY 2026: Return Extension allowed till 15.10.26 as KC predicted and KC Recommendation

4.       3758 of 28.9.26 about Parliamentarian Tax & Wealth Directories for TYs 2020 to 2025 release demanded by PAFO & Media coverage

5.       3753 of 24.9.26 ITR TY 2026: ATL @4M; 3.5M Traders + 4.5M to be in Tax Net = 12M expected but 2.2M filed; 476K excess over LY per FBR

6.       3751 of 24.9.26 BTB & Traders' Scheme: Only 2 New Traders filed return by 22.9.26 and KC Views

7.       3748 of 22.9.26 ITR TY 2026: IRIS Error in Computation of Minimum Tax Difference Section 153 – KTBA

8.       3739 of 18.9.26 BTB: 3.5 Million Traders (including retailers) below Rs 200M Turnover will be in tax-net as Govt

9.       3736 of 17.9.26 IT TY 2026: Urgently send IRIS Portal Anomalies, Technical Issues & Filing Difficulties to Bars and KC Views & Recommendations

10.    3731 of 15.9.26 ITR TY 2026: Minimum Tax 5 issues & several issues as per PTBA

11.    3699 of 27.8.26 ITR TY 2026: PTBA-PRAL Meeting on 17 Issues and KC Views & Recommendations

12.    3671 of 13.8.26 ITR TY 2026: KTBA Raised 20+ Issues in Online Filing

13.    3644 of 29.7.26 draft Simplified Tax Regime for Small Traders & Shopkeepers and form– SRO 1166

14.    3620 of 16.7.26 Delayed Draft SRO Introduces Simplified Tax Procedure & E-Return for Small Shopkeepers – SRO 1109

15.    3615 of 14.7.26 IT Return TY 2026: Draft Preparation Enabled on IRIS

16.    Reason

17.    3511 of 9.5.26 Delayed Draft Electronic 4 IT Return Forms for TY 2026 via SRO 835 & KC Views as to 4 Pending Return Forms

18.    1224 of 9.11.20 Stepwise Deadlines for Timely Notifying IT Return Forms – SRO 1185

F. FURTHER DETAILS & SERVICES

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