No plan to increase ITR deadline, says govt

The revenue tax return (ITR) submitting deadline is not going to be prolonged past 31 December 2021 and the web course of has generated big response from taxpayers, the Centre mentioned on Friday.

“There is totally no proposal to increase the submitting date,” income secretary Tarun Bajaj mentioned, including that the variety of revenue tax returns filed is significantly increased in comparison with final 12 months, signifying a easy submitting course of.

“ITR submitting is happening very easily. By 3pm on Friday, 56.2 million returns have been filed. Today, individuals have filed greater than 2 million returns, which is the best. In the final one hour, 344,000 returns have been filed. So, if returns are being filed in such numbers, I see no purpose for anyone to assert (to have missed deadline for technical causes),” he mentioned.

“Last 12 months, on 30 December, 48.3 million returns have been filed. So, 6 million extra returns have been filed in the identical (interval) in comparison with the final 12 months when the deadline was the identical,” he added.

“I anticipate one other 2-2.5 million returns to come back by midnight. And, I believe, the figures that we’re anticipating would have come… The revenue tax return submitting is happening very easily,” he mentioned.

On a query that some individuals could have confronted difficulties in submitting their revenue tax returns because of the unfold of the Omicron variant of the coronavirus, Bajaj mentioned: “How is Omicron stopping you? You have to take a seat together with your laptop computer to file the return. Your chartered accountant additionally has to try this.”

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