The government clarified that it has no plans to extend the deadline for individuals to file income tax returns for the financial year 2021-22. Under the existing income tax laws, the last date for filing ITR for individuals whose accounts are not required to be audited is July 31.

Many chartered accountants and tax experts are raising the demand for increasing the due date. According to them, they are facing difficulties on the new income tax filing portal, due to which they are finding it difficult to file returns for their clients. However, the government believes that new income tax portal Is working fine and there should be no problem in filing ITR which requires extension of tax return filing date.

Here’s What CA And Tax Experts Are Saying On It Twitter,

A user told that he is stuck in the verification process for the last one hour.

A user posted a video of not being able to log in to the new income tax portal.

There have also been complaints about non-availability of Form 26AS. Another Twitter user mentioned that 26AS site is under construction, and how to file ITR.

One of the CAs poked fun at the robust functioning of the new income tax portal.

Errors in AIS have made matters worse even while filing ITR.

Another pointed out that more than 2 crore ITRs are yet to be filed.

As per the data furnished by the official Twitter handle of the Income Tax Department, more than 4.09 crore ITRs have been filed till July 28, 2022. Last year till December 31, 2021, a total of 5.09 crore ITRs were filed.

What happens if ITR is not filed by the due date?

If a person misses the due date for filing ITR, he can file a belated ITR. Delayed ITR has been filed under section 139(4) of the Income Tax Act, 1961. An individual is liable to pay late filing charges up to Rs.5,000. This fee has to be deposited before filing of delayed ITR. If ITR is filed late, a person cannot carry forward the loss (except loss under house property).

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