Finance Minister Nirmala Sitharaman said that, the last date for filing Income Tax Return will not be extended. Taxpayers must note that the due date for filing ITR will remain December 31, 2021.
On Friday Revenue Secretary Tarun Bajaj said, December 31 remains the official deadline for filing income tax returns. He also said returns filed so far are more than those filed in the previous year.
Bajaj said that “he was expecting another at least 20-25 lakh returns to come in between 31st december night. The figures that we were anticipating would have come.There are absolutely no proposal to extend the dates.”
To a query on the glitches on the I-T portal impacting filing, Bajaj said “I’m okay if the returns were less by 1 crore. But the returns filed are more than last year’s. I’m watching the figures every hour. ITR filings are going up to 3 lakh (per hour) “.
The government has already extended the deadline for filing income tax returns for 2020-21 fiscal year by five months till December 31.
Meanwhile, taxpayers who have not e-verified their income tax returns for the financial year 2019-20 can complete the verification process by February 28, 2022, as the income tax department has given a one-time relaxation to assesses.
