Attention Taxpayer! Govt not considering extending July 31 deadline for filing ITR & avoid Rs 5000 penalty

Revenue Secretary Tarun Bajaj on Friday said the government is not considering extending the July 31 deadline for filing the income tax return (ITR), according to news agency PTI. This means taxpayers now have only 10 days to file ITR for the financial year 2021-22 or assessment year 2022-23 without any penalty.

“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 15 lakhs to 18 lakh returns. This will slightly go up to 25 lakh to 30 lakh returns,” Bajaj was quoted as saying by PTI

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