ITR filing last date is July 31. Will income tax return deadline be extended?
ITR filing deadline: The Income Tax Department issued an alert to the public following reports regarding the extension of ITR date.
The deadline for filing income tax return (ITR) for the financial year (FY) 2023-24 is July 31. Ahead of the deadline, the Income Tax department advised taxpayers to file their tax returns.
Is there a chance of any extension in ITR filing deadline?
There is very low chance that taxpayers this year would get an income tax return extension. The Income Tax department said that over 5 crore ITRs for AY 2024-25 have already been filed as of July 26th this year, compared to July 27th last year. The government did not extend the deadline to file Income Tax Returns (ITR) last year as well. However, it had extended the ITR filing deadline two years prior due to the Covid-19 pandemic.
Read more: ITR deadline fast approaching, list of documents needed for filing income tax return
What has Income Tax department said on the deadline?
The Income Tax Department issued an alert to the public following reports regarding the extension of ITR date. Sharing a screenshot of the announcement being circulated on social media which claimed that the deadline for ITR e-filing has been extended until August 31, 2024, the Income Tax department said that that this is false and the deadline for filing ITR for FY2023-24 is July 31, 2024.
Read more: ITR deadline extended to August 31? What Income Tax Department said
Taxpayers facing glitches on e-filing portal
Taxpayers have faced numerous technical issues on the e-filing portal, including Aadhaar-based OTP authentication, slow page loading and upload errors. Concerns were raised by ICAI, All Gujarat Federation of Tax Consultants and Income Tax Bar Association, Karnataka State Chartered Accountants Association (KSCAA) CA to rectify these issues.
Read more: ITR filing deadline: What happens if you miss filing returns by July 31 this year?
Last week, the CBDT chairman said as per news agency PTI, "We are engaging closely with our service providers Infosys, IBM and Hitachi who are on the job. The volumes are high and the compliance is also good... I have been assured that the website will function properly".
