• Over 5 Crore Income Tax Returns Filed For FY21: I-T Department

    The government has extended the deadline to file ITR for FY 2020-21 to December 31

    Over five crore Income Tax Returns (ITR) for the financial year ended March 2021 have been filed so far, the Income Tax (I-T) department said on Wednesday.

    "More than five crore income tax returns for AY 2021-22 were filed till 5:45 pm today," the I-T department tweeted on Wednesday.

    The government has extended the deadline to file income tax return (ITR) for FY 2020-21  to December 31, 2021. Earlier, the deadline was September 30, 2021. 

    It may be mentioned that the deadline has been extended due to the technical glitches on the new income tax portal which had made it difficult for the  taxpayers to complete their ITR filing process.

    This is the second time this financial year that the government has extended the ITR filing deadline.

    "The due date of furnishing of Return of Income for the Assessment Year 2021-22, which was 31st July, 2021 under sub-section (1) of section 139 of the Act, as extended to 30th September, 2021 vide Circular No.9/2021 dated 20.05.2021, is hereby further extended to 31st December, 2021," the Central Board of Direct Taxes said in a statement.

    It may be noted that an ITR, filed electronically without a digital signature, has to be verified electronically through Aadhaar OTP, or net banking or code sent through demat account, pre-validated bank account and ATM within 120 days of filing the return.

    Also, the taxpayers can send a hard copy of the ITR file to the centralised processing centre office in Bengaluru.

    Taxpayers who have not e-verified their ITRs for the FY 2019-20 can complete the verification procedure by February 28 next year.
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