Understand why the due date for ITR filing (FY 2020-21) may be extended

The last date for filing Income Tax Return (ITR) for the financial year 2020-21 is December 31, 2021.

Till December 15, 2021, only 4.59 crore ITRs have been filed. That is, about 2.36 crore ITRs are yet to be filed and only 15 days are left.

It is believed that if about 2.36 crore ITRs are filed in just 15 days, then this can lead to all kinds of problems on the website. In such a situation, people may face difficulty in filing ITR.

After the launch of the new Income Tax website, complaints of irregularities kept coming in it for several months and still there are occasional complaints about one or the other error. In such a situation, it is expected that this time also the last date for filing income tax return can be extended.

ISSUES WITH THE NEW INCOME TAX PORTAL: we would like to bring to your notice that even after expiry of more than five months, the portal is still not functioning upto its full capacity, going under frequent maintenance issues and there are many technical glitches causing great and unavoidable hardships to the taxpayers and their representatives.

Further, we are also facing issues in uploading specific forms and reports like Form 10-IC (domestic company choosing to pay tax at concessional rate of 22% under Section 115BAA of the Act), Form 29B (for MAT) and Form 10B (Audit report under section 12A(b) of the Act) and transfer pricing report u/s 92E of the Act.