Crores of income taxpayers are expecting the Income Tax Department to extend the deadline for filing ITR for assessment year 2024-25 due to various reasons. One valid reason behind the demand for extension of last date for filing tax returns is the serious technical glitches on the e-filing portal of the Income Tax Department, due to which taxpayers are unable to file their returns despite several attempts.
Has the last date for filing ITR for FY2023-24 been extended?
However, till now there has been no official statement from the Income Tax Department regarding the extension of the deadline for filing ITR. The Income Tax Department is constantly appealing to taxpayers through emails and messages to file their tax returns before the deadline. Till the time of writing the news, no official information has been revealed by the Income Tax Department regarding the extension of the deadline for filing returns.
Currently, the last date for filing income tax returns is July 31, 2024. The Income Tax Department is constantly appealing to the taxpayers through posts on its social media platform X that if you have not filed your tax return yet, then get this work done as soon as possible. The last date for filing tax returns for assessment year 2024-25 is July 31, 2024.
Also read: Income Tax Refunds: How many days does it take to get a refund after filing a tax return? Check your status like this
So far 5.4 crore taxpayers have filed tax returns
According to the official website of the Income Tax Department, till the time of writing the news, more than 5.4 crore tax returns have been filed. Experts believe that based on the trends seen in the last few years, this number is expected to increase by about 10 percent this year. Last year, 6.77 crore ITRs were filed till July 31. This time, by July 31, the number of people filing tax returns for the assessment year 2024-25 can reach 7.5 crores.
How many total tax returns were filed for the financial year 2022-23
The Income Tax Department has registered a surge in the filing of tax returns, setting a new record with 8.18 crore ITRs filed by December 31, 2023 for the assessment year 2023-2024. While 7.51 crore returns were filed for the financial year 2021-2022.
Also read: Ola Electric IPO: Ola Electric IPO will open for subscription on August 2, full details
Reports of technical glitches on Income Tax Department’s e-filing portal
Taxpayers and tax professionals have complained to income tax officials about difficulties in accessing Form 26AS/AIS/TIS and discrepancies in figures in the statements. Apart from this, they have also reported delay in response to Tax Information Summary (TIS).
There are many technical glitches on the income tax e-filing portal including constant buffering, which has made it difficult to fill the form. Apart from this, cases of discrepancies between the data already filled in the income tax return as per Form 26AS and salary, interest income, TDS etc. have also come to the fore.