The Central Board of Direct Taxes (CBDT) is set to extend the key deadlines for Income-Tax Returns (ITR) filing even as it picked up pace after Infosys fixed the snags on the new ITR portal. The deadline extension comes in the wake of troubles faced by the taxpayers. More than 4 lakh ITR returns are being filed a day for the past four days as against a total standstill in filings for two days from August 21. Given the situation, the Centre would extend the key return-filing deadlines, giving ample time to the taxpayers to file ITRs.
The Government Officials said that they are factoring in the delays caused due to the technical glitches on the new portal. The extension of dates will be notified in the coming day or two. It will leave taxpayers with sufficient time to comply. More than 8 million ITRs for FY21 have been filed so far, which is around 14% of the returns filed by the last date for FY20. The CBDT is also expected to come out with the statistics on daily filings on the new portal.
The last date for filing ITRs by salaried individuals as well as those whose accounts need to be audited was pushed to September 30 from July 31. The deadline for tax audit cases has been extended to November 30, 2021 from September 30, 2021.
Meanwhile, finance minister Nirmala Sitharaman has given Infosys, who was awarded the Rs 4,242 Crore contracts to develop the new platform, time till September 15, 2021 to resolve the issue of technical glitches.
Knowledge Source:
Income Tax Portal Glitches: FM Sets September 15 as Deadline for Infosys to Resolve Issues