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Income tax return filing deadline for FY 2020-21 extended again, Details here

Income tax return filing deadline for FY 2020-21 extended again, Deails here

The public authority has indeed stretched out the cutoff time to document annual government form (ITR) for FY 2020-21 by 90 days to December 31, 2021 from September 30, 2021. The cutoff time has been reached out because of errors on the new annual assessment entryway which had made it hard for scores of citizens to finish their ITR documenting measure.

According to the official statement gave by Central Board of Direct Taxes today, "The due date of outfitting of Return of Income for the Assessment Year 2021-22, which was 31st July, 2021 under sub-area (1) of segment 139 of the Act, as stretched out to 30th September, 2021 vide Circular No.9/2021 dated 20.05.2021, is thusly additionally reached out to 31st December, 2021."

Tech issues in new e-recording entryway


The recently dispatched annual assessment documenting gateway of the expense division was defaced with specialized issues from the very first moment its dispatch. Many duty filers were thinking that it is hard to record their profits utilizing the entrance. Different partners griped of issues looked during changed phases of the recording system. A few citizens even griped that interest and late expense was charged while recording ITR after July 31, 2021 (the cutoff time which was stretched out to September 30, 2021).

The public authority had before broadened the cutoff time for getting Form 16 from the businesses twice first from June 15, 2021, to July 15, 2021, and afterward again to July 31, 2021. This had passed on precisely two months for the people to document their ITR. Be that as it may, the new entrance being slow had made it hard for citizens to record their profits.

Missing the ITR recording cutoff time would have had correctional outcomes. A late documenting expense of Rs 5,000 would be required if the ITR is recorded by a person after the expiry of the cutoff time.

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