The Centre on Friday said that there is no proposal to extend the date for income tax return filing. The last day to file income tax returns is today, (Friday, 31st December 2021).
During a press conference, Revenue Secretary Tarun Bajaj said income tax return filing was going on smoothly. “By 3pm today, 5.62 crore returns have been filed in total. Today, more than 20 lakh returns were filed. This year 60 lakh more returns have been filed,” said Bajaj.
Responding to a question on raids being carried out in Kanpur, Finance Minister Nirmala Sithraman said today’s search operation at the properties of perfume businessmen and SP MLC Pushpraj Jain and others are based on actionable intelligence. “Unconnected materials are surfacing in today’s IT raids,” she said.
The Income Tax department today raided multiple premises linked to certain perfume traders in Uttar Pradesh, including an Samajwadi Party MLC from Kannauj.
According to reports, the searches are being conducted in Kannauj, Kanpur, NCR, Surat, Mumbai and few other places, and about 30-40 premises are being covered.
Tax Concept is a dedicated team of financial writers, legal analysts, and tax professionals committed to breaking down complex Indian corporate updates. From real-time GST amendments and crucial Income Tax judgements to EPFO schemes and corporate law updates, TaxConcept serves as a reliable, authoritative guide for chartered accountants, businesses, and everyday taxpayers seeking absolute compliance clarity.