ITR Last Date: Often people are not able to file returns on time due to hospitalization, death of someone at home or other serious reasons. To provide relief in such cases, this facility has been started on the portal. Through this, the taxpayer can appeal for forgiveness of delay.
Add informalnewz.com as a Preferred Source
ITR Last Date: The Income Tax Department has given a big relief to those taxpayers who could not file income tax returns on time due to any emergency. The department has activated the ‘Condonation of Delay’ option on the e-filing portal. If the application is accepted, the applicant will not have to pay any penalty.
What is this facility
According to the department, often people are not able to file returns on time due to hospitalization, death of someone at home or other serious reasons. To provide relief in such cases, this facility has been started on the portal. Through this, the taxpayer can appeal for forgiveness of delay. If the department accepts this request, then the taxpayer will not have to pay additional tax, penalty or interest.
Proof has to be given
According to the department, the reason given by the applicant should be genuine and sufficient evidence has to be provided to prove his claim. This facility can be availed till the end of the assessment year.
How to apply
1. First of all login to the department’s website (https://eportal.incometax.gov.in).
2. Go to the dashboard and go to the ‘Service’ option and click on the ‘Condonation Request’ link.
3. Then select ‘Application for Statutory Forms’.
4. Finally complete the process by pressing the ‘Create Condonation Request’ button.
- Today is the last date for filing income tax return, late filing will attract penalty
- A maximum fine of Rs 5,000 will be imposed for filing returns late
- Many organizations have demanded extension of the date citing technical difficulties on the portal
Today is the last date for filing ITR
Monday is the last date for filing income tax returns. More than six crore returns have been filed till Sunday morning. Meanwhile, there is no possibility of extending the date yet. However, there is a demand to extend the date at many levels. A decision can be taken on this today.
The Advocates Tax Bar Association (ATBA) and Chartered Accountants have demanded from Finance Minister Nirmala Sitharaman to extend the deadline related to returns and tax audit. The reason cited behind this is that there are many problems on the portal in filing returns, keeping which in mind the date should be extended. However, no decision has been taken on this yet. Now if the date is not extended, then a heavy penalty may have to be paid for filing the return after the due date.
Penalty will be imposed for filing returns late
According to the current rules, a maximum penalty of Rs 5,000 (late fee) will have to be paid for filing returns after the stipulated time. Whereas, for those whose total income is less than Rs 5 lakh, this late fee will be only Rs 1,000.
According to CA Vineet Rathi, there is a lot of difficulty in filing returns in the last days. I am trying to generate the advance tax challan since morning, but the website is not working. How many problems are being faced on the return portal. It can also be understood in this way that I have been able to file only one return from morning to 5 pm on Sunday. There is also a problem in downloading AIS. Therefore, now the government should extend the date of filing returns.
