Income Duty Return Form Deadline At a time when the taxpayers across the country are awaiting the Central government to extend the ITR form deadline due to rising cases of Omicron and other issues, a government functionary from the Income Tax Department on Tuesday cleared air and said the government is doubtful to extend the December 31 deadline to filereturns.Also Read-Income Tax Return Due Date Taxpayers Must Know These Points Before Form ITR
Speaking to CNBC-TV18, an Income Tax Department functionary said that there’s no immediate need to consider an extension to file IT returns beyond December 31. The development comes as colorful taxpayers continue to express enterprises over the specialized glitches of new income duty gate. Also Read-ITR Form Deadline Nears Keep These Documents Ready Before Filing Income Duty Returns| Full List Then Giving further details, the duty functionary added that the extension of ITR filing deadline is a policy decision which will be taken by the Union finance minister. Also Read-ITR Form Deadline Over 3 Crore Income Duty Returns Filed as Last Date Approaches. Details Then
In the meantime, the Income Duty department has said that as of December 19, over3.83 crore duty returns have been filed for FY20-21 For this purpose, the duty department is constantly transferring monuments to taxpayers saying” Dear Visage number, Now is a good time to file Income Tax Return for AY 2021-22. Train Now. Please ignore if filed. Income Tax Department”.
Before, there were enterprises that the ITR form due date will be extended beyond December 31, 2021 Still, the taxpayers must remember that the due date to file an ITR is the deadline by which ITR can be filed without any late figure or penalty. As per the announcement from the Income Duty department, December 31, 2021 is the due date to file ITR.
The enterprise over the deadline extension of the ITR was made as the new income duty gate wasn’t veritably smooth in performing and there have been reported incidents where taxpayers’refund was being calculated less.