Automated assessment of tax returns deferred till June Business January 21, 2021 KARACHI: The Federal Board of Revenue (FBR) has deferred automated assessment of tax returns till June this year as its online system is not ready to scrutinise taxable income and payable taxes, sources said on Wednesday. The FBR accepted returns filed for the tax year 2020 without automated examination as its online system is yet to be updated. Since the FBR did not introduce required changes in the online system all the returns were accepted without examination, according to the sources. Last year the government brought to an end two-decade old self-assessment scheme through a new section (120(2A)) inserted into the Income Tax Ordinance 2001 under which a return filed by a taxpayer is to be processed through the automated system to arrive at correct amounts of taxable income and tax payable.