ITR Submitting AY2022-23: Because the deadline to file revenue tax returns for evaluation yr 2022-23 is nearing, the pleas and calls for to increase the identical has been on the rise. Taxpayers have been trending hashtags, together with #Extend_Due_Date_Immediately that has garnered over 5,000 posts now, and have been citing revenue tax portal glitches to demand the extension. The final date to file ITR for AY22-23 is July 31, which is that this Sunday and the federal government has not issued any notification to point an extension for ITR submitting. That is the primary time in three years that ITR submitting deadline has not been prolonged.
Right here is What We Know So Far About ITR Submitting Deadline Extension
Over 4 Crore Earnings Tax Returns Filed
As per the Earnings Tax web site, a complete of 4,09,49,663 have been filed until July 28. Out of those, 2,41,15,777 verified ITRs have been processed. In the meantime, 3,15,83,897 verified revenue tax returns have been filed until July 28, Thursday. Nevertheless, as per the revenue tax portal information, solely 40 per cent of taxpayers have filed their ITRs because the portal exhibits that’s has a complete of 10,45,31,679 people registered.
Taxpayers Demand ITR Deadline Extension, Flood Social Media
Taxpayers have been elevating points concerning the glitches confronted throughout submitting their revenue tax returns as they alleged that the portal was not working. They’ve additionally trended hashtags throughout twitter, and tagged the accounts of finance minister Nirmala Sitharaman, Central Board of Direct Taxes and the Earnings Tax Division amongst others to demand the extension.
“web site collapsed. Please prolong due date (sic), mentioned a consumer.
web site collapsed
Please prolong due date @IncomeTaxIndia#Extend_Due_Date_Immediately #ExtendDueDate #Extend_Due_Dates_Immediately pic.twitter.com/VU9yT0WRBt— CA (Dr) Biswadev Sprint (@biswadev) July 28, 2022
“I believe the Earnings tax portal has failed the stress take a look at.. not capable of file single ITR since final 1 hour.. request Bajaj sahab to intervene now ” tweeted one other consumer on Friday.
I believe the Earnings tax portal has failed the stress take a look at..not capable of file single ITR since final 1 hour..request Bajaj sahab to intervene now #Extend_Due_Date_Immediately #Extend_Due_Dates_Today @FinMinIndia @IncomeTaxIndia @narendramodi
— CA Rahul Jain (@ca_jainrahul) July 28, 2022
Will ITR Submitting Deadline be Prolonged? What Consultants Say
Consultants had been of the opinion that the due date to file ITR could not get prolonged after July 31 since many taxpayers are with the ability to file their returns.
“Whole variety of filings as on twenty sixth of July is 3.40 crore. Attention-grabbing to notice that per day filings have been constantly rising for final two days from 25 lakh to 30 lakh. If this tempo is sustained, there may be hardly chance of due date being prolonged. One essential variable is easy functioning of New Earnings Tax Portal. Tax payers mustn’t publish pone submitting of ITR in anticipation of due date extension. When it’s about ITR submitting, earlier is all the time higher,” mentioned Sujit Bangar, founding father of Taxbuddy.com.
“There isn’t a visibility of CBDT extending the date of ITR. Nor there appear to be a legitimate motive to take action. Even ICAI issued assertion to its members that ICAI won’t ship any suggestions to increase deadlines,” added Maneet Pal Singh, accomplice at I.P. Pasricha & Co.
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