ITR Filing: Will the ITR filing deadline be extended?

30 Jul, 2023 Author: Tarun Kohli

The ITR filing date of July 31 is drawing near. The urge to move it forward has also started at the same time. Both tax experts and consumer advocacy groups are making these demands. They claim that taxpayers are having issues as a result of rain and flooding in numerous states. As a result, the ITR filing date needs to be extended.

Date May Not Extend

Sanjay Malhotra, the revenue secretary, recently indicated that the date will not be held this time. Let us remind you that a similar demand was made previously, but the administration rejected it. Approximately 4 crore ITR forms had been completed as of July 25. 5.83 crore ITRs were completed up until July 31 of the previous year at the same time.

The federal government has been urged by a number of CAs and consumer advocacy groups to extend the ITR reporting date. The Council for the Protection of Rights is one of these. In this regard, this organisation has written to the Prime Minister Narendra Modi, the Finance Minister Nirmala Sitharaman, the Ministers of State for Finance, the Secretaries, and other relevant officials.