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HomeMoneyLast day to file ITR, if not filed today, a fine of...

Last day to file ITR, if not filed today, a fine of Rs 5,000 may be imposed

Highlights

  • Due date for filing ITR ends today
  • 5.34 crore ITRs have been filed till December 30
  • A total of 5.95 crore returns were submitted for 2019-20
  • That is, about 61 lakh taxpayers have not yet filed ITR.

New Delhi
The due date for filing ITR ends today. The deadline for filing ITR for the assessment year 2021-22 ends on December 31, but still lakhs of taxpayers have not filed ITR. According to the Income Tax Department, 5.34 crore ITRs have been filled till 8 pm on 30 December. 24.39 lakh ITRs were filed on Thursday, out of which 2.79 lakh ITRs were filed in the last one hour.

The Income Tax Department has also reminded taxpayers that the due date for filing ITR for assessment year 2021-22 is December 31, 2021. It is clear from this that the department is not in a mood to take it any further. A total of 5.95 crore returns were submitted for the financial year 2019-20. According to this, even now about 61 lakh taxpayers have not filed ITR. This is the reason why there is a demand to extend the deadline for ITR filing.

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request for extension of date
Taxpayers are facing technical issues while filing ITR in the new IT portal. Also, there is a demand to extend the date of 31st December. For the past few days, #Extend_Due_Date_Immediately is trending on Twitter. Tax professionals have also demanded extension of the deadline of December 31 for filing ITR.

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may be fined
The normal due date for filing ITR every year is 31st July, but this year due to the lockdown imposed due to Covid-19, the government extended it to 31st December, 2021. If you also come under the purview of Income Tax, then file your ITR today. Filing ITR after December 31 can attract a fine of up to Rs 5000. However, taxpayers whose income is less than Rs 5 lakh, they will have to pay only Rs 1000 as penalty.

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