Thursday, May 9, 2024

ITR filing date extended! know the latest update from the government

More than four crore ITR have been filed, according to the most recent information from the Income Tax Department. However, some taxpayers continue to think that the Finance Ministry will postpone the deadline for filing the ITR. On behalf of the government, it is repeatedly stated that the deadline for reporting ITRs won’t be pushed back.

ITR

ITR date extension request

Social media users are pleading with the administration to postpone the ITR deadline. Numerous people have also expressed their frustration at running into problems while attempting to file taxes on the e-filing platform. The Income Tax Department, however, is of the opinion that unless there is a serious issue with the e-filing system, no change will be made.

ITR

A change to the ITR’s expiration date

On behalf of taxpaying citizens, a petition to extend the deadline is submitted each year. A significant social media movement had previously started to move up the appointed date for the evaluation year 2022–2023 as well. Some tax experts even contend that the ITR deadline should be moved from July 31 to August 31 permanently.

ITR

The government not attempting to postpone the deadline

The administration is attempting to prolong the date despite numerous reports confirming that it is sensitive to the issues experienced by the people as a result of flooding in some areas of the country and violence in Manipur. not pondering. It is evident from the returns submitted up until July 26 that taxpayers shouldn’t wait for any extensions. The July 31 deadline is still three days away. As a result, those taxpayers who haven’t already done so should do so.

ITR

Up till July 26, more than 4.75 crore ITR had been submitted,

according to data from the e-filing website. In addition, 4.2 crore taxpayers’ ITRs have had their records checked. You can submit your return electronically or through any other tax-filing website. A little cost is levied by these websites for filing taxes. To submit the return on your own, you can alternatively enlist the assistance of a CA.

Read More: During the India-West Indies ODI series, this player’s career came to an end!

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