No Proposal to extend due date of Income Tax Return, says Revenue Secretary Tarun Bajaj

ITR - Income tax return - extend - tarun bajaj- CBDT - Taxscan

The Finance Minister Tarun Bajaj has said that, there is no proposal with the department to extend the due date of Income tax returns.

He also said that, Income Tax Return filing is going on smoothly. By 3pm today, 5.62 crore returns have been filed in total. Today, more than 20 lakh returns were filed. This year 60 lakh more returns have been filed: Revenue Secretary Tarun Bajaj.

The Central Board of Direct Taxes (CBDT) Income Tax Department had extended the deadline for filing of Income Tax Return from September 30, 2021, to December 31, 2021, on September 9, 2021, due to the difficulties faced by the taxpayers and other stakeholders in the filing of income tax returns on the government’s new tax portal, which was facing technical issues.

The last day for filing your income tax return (ITR) for the financial year 2020-21 is on December 31, 2021. This year, the Central Board of Direct Taxes (CBDT) has extended the last date for filing ITR for FY2020-21 (AY2021-22) to December 31, 2021.

Generally, taxpayers are required to file ITR by July 31 of any year unless extended by the government.

The Income Tax Department is urging the taxpayers to file their ITR for the financial year 2020-21 or assessment year 2021-22 without any further delay. The department has been issuing reminders as the deadline to file a return is December 31.

Support our journalism by subscribing to Taxscan AdFree. Follow us on Telegram for quick updates.

taxscan-loader