No Extension In IT Returns Filing Deadline, Clarifies Tax Dept

July 31, 2017 12:41
No Extension In IT Returns Filing Deadline, Clarifies Tax Dept

No Extension In IT Returns Filing Deadline, Clarifies Tax Dept:- A top official said, the last date for filing of Income Tax Returns (ITRs) for the fiscal year 2016-17 will not be extended beyond today’s deadline i.e. July 31.

The official said, “The last date for filing of ITRs remains July 31. There are no plans to extend this deadline. Already, the department has received over 2 crore returns filed electronically. The department requests taxpayers to file their return in time.”

The official, on reports of the e-filing website facing some defects said that no major glitches have been reported with the department’s e-filing website -  http://incometaxindiaefiling.gov.in/ excluding a few times when the portal was “interrupted for maintenance”.

Advertisements were issued in the leading national dailies by the department in the last few days. It stated that the taxpayers should disclose their income “correctly” and file their ITRs on or before July 31.

The linking of Aadhaar number with the PAN (Permanent Account Number) of a taxpayer has also been made mandatory for filing of an ITR, beginning July 1.

“The department has also asked taxpayers to declare cash deposits made in bank accounts aggregating to Rs. 2 lakh or more, post demonetization between November 9-December 30 last year, in the ITRs.”

The ITRs to be filed by July 31 pertain to fiscal year 2016-17 or assessment year 2017-18.

SUPRAJA

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