The government on Friday clarified that there will be no extension to the last date for filing the income tax return (ITR) for FY 2021-22 (AY 2022-23). The deadline for taxpayers who do not need to get their accounts audited is July 31, 2022.
According to the revenue secretary Tarun Bajaj, over 23 million income returns have been filed by July 20. However, the numbers are expected to pick up as the last date approaches.
“People thought the routine now is that dates will be extended.
So they were a little slow in filling the returns initially but now on a daily basis, we are getting between 1.5 million to 1.8 million returns. This will slightly go up to 2.5 million to 3 million returns,” Bajaj said on the slow pace of filing this year.
Bajaj also added that he has asked the revenue department to be ready for up to 10 million ITRs on the last day.
Here is how you can file your ITR 2021-22 online
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor