According to an ET report, the Income Tax Department has issued an alert to the public concerning faulty info printed in media about the extension of the ITR filing deadline.”The department has stated that this is false, and that the deadline for filing ITR for FY2023-24 is July 31, 2024.” .
Will ITR filing deadline for FY 2023-24 be prolonged?
Going by the previous report, it’s extremely unlikely that there will probably be an extension to the ITR filing deadline this yr, as over 5 crore ITRs for AY 2024-25 have already been filed as of July twenty sixth, in comparison with July twenty seventh final yr, the ET report mentioned.. By July 31, 2023, 6.77 crore revenue tax returns (ITRs) had been filed, and it’s anticipated that the present figures will quickly surpass the earlier ones.
Despite quite a few technical points on the e-filing portal, equivalent to issues with Aadhaar-based OTP authentication, sluggish web page loading, and add errors, it’s unbelievable that the deadline will probably be prolonged except there’s a vital technical difficulty on the web site.
Also Read | ITR Filing FY 2023-24: What occurs if I file revenue tax return after deadline? Check penalties, penalties for late filing
The All-India Federation of Tax Practitioners (AIFTP) has urged the CBDT to extend the deadline for filing Income Tax returns for the evaluation yr 2024-25 by one month to August 31, citing the influence of floods and landslides on tax return filings in a number of states, in addition to persistent points with the Income Tax portal and software program, and time-consuming processes for paying self-assessment tax.
With simply a few days left for this yr’s ITR filing final date, tax filers are nonetheless going through points with the e-filing portal. The CBDT chairman has said that they’re carefully participating with their service suppliers Infosys, IBM, and Hitachi to deal with the points, and has been assured that the web site will operate correctly.
