Extension of Income Tax Filing Due date for AY 2022-23 till 31st August 2022

All Gujarat Federation of Tax Consultants and Income Tax Bar Association requested the Hon’ble Union Minister of Finance Smt. Nirmala Sitharaman, the Revenue Secretary of the Ministry of Finance and the Chairman of the Central Board of Direct Taxes extend the due date for filing Income Tax Return (Non-Audit and Salaried) for AY 2022-23 under section 139(1) of IT Act, 1961 for Non-Audit category of assesses from 31 July 2022 to 31 August 2022.

All Gujarat Federation of Tax Consultants and Income Tax Bar Association has given Representation in Respect pf Extension of Due Date for Filing Income Tax Returns (For Non-audit Cases). As per the Representation, the Due date for Filig ITR for F.Y 2021-22 should be extended due to the following reasons.

Substantial Increase in the Assessee base

  • Automated Processing & Reliance upon Auto Populated Data
  • Detailed Reporting on Income Tax Portal
  • Technological Hurdles with new Income Tax Portal
  • Reported Issues with IP Address
  • Utilities & Schema not released on time

Over the years, the reporting requirements and compliances under the Income Tax Act have increased substantially and the dependence on the data populated through third-party compliances like TDS / TCS and multiple types of SFT is increasing. With the increase in the limit of turnover for audit u/s 44AB up to Rs. 10 Cr., the number of assessees, who are required to file the return of Income Tax by 31st July has increased than before.

It must be noted that this is not related to only small and medium businesses that are not able to update details related to TDS/TCS and SFT in time. There are many large and listed corporates, NBFCs, and even Banks who file data late, which makes it really difficult for taxpayers to determine actual tax liability and tax credits.

Due to this reason, the actual possibility for filing the Income Tax Return starts only after 10th June, which effectively leaves 50 days including weekends and holidays up to the due date of 31st July.

The Income Tax Returns require a lot of data as compared to earlier. Capital Gain requires extra efforts to report due to grandfathering, ISIN reporting, etc. The formats of Financial Statements for non-corporate business entities are changed recently. Even dividend needs to be bifurcated in 5 parts for calculation of interest u/s 234B & C.

It is evident from the public domain and social media handles like Twitter, where this year many tax professionals and taxpayers complaining about the portal not being accessible for multiple days.

Every year, there are a lot of changes in the forms of Income Tax Returns. The utilities and schema are not released on time. A lot of tax professionals depend upon third-party software providers.

Association has requested that considering all the points as mentioned above, the due date for filing Income Tax Return u/s 139(1) for the assessee not required to get the books of accounts audited for the Assessment Year 2022-23 should be extended at least up to 31st August, 2022 at earliest.

17 thoughts on “Extension of Income Tax Filing Due date for AY 2022-23 till 31st August 2022”

  1. Nanda Kumar M Madathil

    No Extension required may be even if Govt decide maximum 7 days .. Otherwise if it is extended for one month , there will be further demand to extend all other dates like 44AB Audit report filing date etc .. Better Govt and CBDT reject the proposal

    1. Anup Kumar Dural

      Is there any harm to you if government extends the date for one month from 31 July to 31 August. It is due to the congestion in internet people are trying but fail to complete the formality. So obviously the last date must be e extended

    2. C V Sundara Rajan

      People have to talk reality.
      We have just filed our previous IT return in December 2021.
      Now in just six months another Income tax return or what ?
      That too without any extension of last date. Un acceptable.
      Further unlike previous ten years or so now heavy penalty also introduced. Unacceptable.
      Tax payers base is so small and all genuine people supposed to be paying HEAVY TAX are getting away As a result all salaried class are squeezed. Tax all people .
      Therefore an extension is inevitable or remove all penalties for pate payment.

    3. EITHER AN ANDHBHAKT OR PM’S IT CELL EMPLOYEE TO WRITE IN HIS FAVOUR.

      INCREASING MENTAL STRESS AND BURDEN ON WORKING CLASS PEOPLE. AB KI BAAR ‘NO’ MODI SARKAR. PRESSURIZING AND LOOTING SALARIED PEOPLE IN THE FORM OF PENALTY NOW. NEW TACTIC AFTER INCREASING LPG AND PETROL PRICES TO THE ROOF AND TAKING RUPEE TO AN ALL TIME LOW IN THE ENTIRE HISTORY. USING OUR BLOOD, SWEAT AND TEARS MONEY TO BUILD 3RD CLASS STATUES, WAIVE BIG CORPORATE’S LOAN AND EMERGENCY WALL IN GUJRAT FOR TRUMP VISIT!

      AB KI BAAR ‘NO’ MODI SARKAR.

      AB KI BAAR ‘NO’ MODI SARKAR.

      AB KI BAAR ‘NO’ MODI SARKAR.

      AB KI BAAR ‘NO’ MODI SARKAR.

      AB KI BAAR ‘NO’ MODI SARKAR.

    1. The date may be extended considering the heavy number (crores) of taxpayers yet to file the ITR and the tech shortcomings. August 15 is a considerable date.

      R U Mahesh
      Trivandrum.

  2. MOHAMMAD ZAHID KHAN

    everything updated on 1st july and there is not enough time to file ITR in 1 month which is 31 july 2022
    plz extend due dates

    1. Same here. AB KI BAAR ‘NO’ MODI SARKAR. PRESSURIZING AND LOOTING SALARIED PEOPLE IN THE FORM OF PENALTY NOW. NEW TACTIC AFTER INCREASING LPG AND PETROL PRICES TO THE ROOF AND TAKING RUPEE TO AN ALL TIME LOW IN THE ENTIRE HISTORY. USING OUR BLOOD, SWEAT AND TEARS MONEY TO BUILD 3RD CLASS STATUES, WAIVE BIG CORPORATE’S LOAN AND EMERGENCY WALL IN GUJRAT FOR TRUMP VISIT!

      AB KI BAAR ‘NO’ MODI SARKAR.

      AB KI BAAR ‘NO’ MODI SARKAR.

      AB KI BAAR ‘NO’ MODI SARKAR.

      AB KI BAAR ‘NO’ MODI SARKAR.

      AB KI BAAR ‘NO’ MODI SARKAR.

  3. Dr. M.Veerendra Kumar

    Over the years, with many changes in the taxation, Income tax return forms are becoming complicated. Last year, I made a mistake and ended up paying around Rs 15000 as tax unnecessarily. As I had missed the regular date, unlike in previous years, I could not even claim refund of excess tax paid by me.

    From tax payers, government would have received most of the tax amount by 31st March or soon after. By giving extra time to the honest tax payer, government would only encourage filing of returns by more people. Otherwise, after some years, filing returns would become another curse.

  4. Same here. AB KI BAAR ‘NO’ MODI SARKAR. PRESSURIZING AND LOOTING SALARIED PEOPLE IN THE FORM OF PENALTY NOW. NEW TACTIC AFTER INCREASING LPG AND PETROL PRICES TO THE ROOF AND TAKING RUPEE TO AN ALL TIME LOW IN THE ENTIRE HISTORY. USING OUR BLOOD, SWEAT AND TEARS MONEY TO BUILD 3RD CLASS STATUES, WAIVE BIG CORPORATE’S LOAN AND EMERGENCY WALL IN GUJRAT FOR TRUMP VISIT!

    AB KI BAAR ‘NO’ MODI SARKAR.

    AB KI BAAR ‘NO’ MODI SARKAR.

    AB KI BAAR ‘NO’ MODI SARKAR.

    AB KI BAAR ‘NO’ MODI SARKAR.

    AB KI BAAR ‘NO’ MODI SARKAR.

  5. What bullshit clickbaity title is this. Totally misleading title just to get some clicks and earn sweet money via ads.

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