Powered by: Motilal Oswal
31/12/2021 6:47:18 PM | Source: IANS
No more extension for IT return filing: Finance Ministry
News By Tags | #248 #1018 #139 #5812 #2448
No more extension for IT return filing: Finance Ministry

Those who have not filed their income tax returns under the impression that the government will eventually extend the date again, will end up paying a late fee as the Union Finance Ministry on Friday announced no further extensions beyond December 31 will be given.

There is no proposal to extend the deadline to file income tax returns, Revenue Secretary Tarun Bajaj said.

Income tax returns filing is going smoothly and by 3 p.m. on Friday, 5.62 crore ITRs have been filed, more than the 4.93 crore last year on the same date, he added.

There are no technical glitches reported so far and we witnessed 3.44 lakh ITRs filed in just an hour, Bajaj said.
 

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here