due date to file a ITR (AY 2022-23) is July 31, 2022 for salaried taxpayers and unaudited cases. And this year, the deadline falls on a Sunday, which is a Bank holiday, This is why it is recommended that you file your ITR before the deadline of July 31, 2022.

These days ITR filing is done through an online system which runs round the clock throughout the year, which means that it does not matter whether the last date falls on a Sunday, a public holiday or even if the bank is closed.

However, it is not advised to keep it till the last date.

Why you shouldn’t wait till the last date

Even though everything is available online nowadays, it may happen that the bank has scheduled maintenance on that Sunday, or the net banking facility is not working or worse, the internet itself was not working on that day. Moreover, with the new income tax e-filing portal being bugged this year as well, it cannot be said whether it will function smoothly on the last day or not.

When You Might Have to Go to the Bank

In cases where the taxpayer is required to pay income tax by using a challan like ITNS 280. You have two options to pay the tax: online or at the bank with a signed challan. If your online banking options are not available, you will have to visit the branch to make your payment. Another reason to visit the bank would be to obtain your Form 16A, ie your TDS certificate. If for some reason you cannot get it online, you will have to visit the branch.

However, since July 31 is a Sunday, banks will remain closed.

Even though everything is online, it is better to do it in advance.

It is better to avoid last-minute stress and errors, and e-filing website failures are typical.

As per the tweet of Income Tax Department, it has been observed that taxpayers are facing problems in accessing the ITD e-filing portal. as informed by

They have noticed some irregular traffic on the portal for which proactive steps are being taken. May cause inconvenience to some users, which is sorry.

What happens if ITR is not filed by July 31?

Taxpayers who miss the July 31 deadline can file delayed returns by paying penalty.

As per the existing income tax laws, late filing fees of up to Rs 5,000 are levied if ITR is filed late. However, the late filing fee for small taxpayers is Rs 1,000 if the taxable income does not exceed Rs 5 lakh. Late filing fee is levied under section 234F of the Income Tax Act, 1961. Note that this late fee must be paid before filing the delayed ITR.

The last date for filing delayed returns is December 31, 2022.