Income Tax Return (ITR) : The deadline for filing Income Tax Return (ITR) for the assessment year 2021-22 ends on December 31, 2021. According to the Income Tax Department, more than 6 lakh people are filing income tax returns every day during the peer period. The government has extended the deadline for return filing twice in the past. First the normal deadline of July 31 was increased to September 30, 2021 and then it was extended to December 31, 2021.
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Will the deadline for filing ITR be extended?
But according to media reports, chartered accountants and experts related to tax matters believe that the deadline for filing income tax returns can be extended for ordinary taxpayers whose accounts do not require audit.
In fact, less number of taxpayers had filed ITR for the financial year 2020-21 as compared to the last year i.e. FY 2019-20. According to the Income Tax Department, till January 11, 2021, 5.95 crore ITRs were filed for the financial year 2019-20. January 10, 2021 was the last date to file ITR for the financial year 2019-20. Whereas till December 15, 2021, only 3.59 crore people have filed income tax returns.
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More than 2 crore people have to fill ITR
There are only 14 days left in the deadline of December 31, 2021 and 2.36 crore people are yet to file their income tax returns. In such a situation, in view of the problems still being faced in the newly launched Income Tax Portal, it is not possible for so many people to file ITR in just 15 days. Last year also, the government had extended the date of ITR filing thrice. This is the reason why the government may consider extending the deadline for ITR filing around the current deadline of December 31, 2021.
Meeting with CEO of Infosys
Revenue Secretary Taran Bajaj has also taken stock of the preparations for the e-filing website in view of the peak period of filing returns. The preparedness was informed by Infosys, in which a dedicated war room has been created to strengthen the technical infrastructure and monitor the performance of the portal. Infosys has assured that taxpayers will not face any problem in filing returns and will be able to file returns very easily. Infosys has created a new e-filing website.
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