The Central Board of Direct Taxation on Saturday announced that there is no proposal to extend the date of filing the Income Tax return. As per CBDT, all tax payers should file returns on or before July 31. The deadline for filing I-T returns has been fixed for July 31.
This announcement by the tax board is contrary to the reports that surfaced in the media on Friday that the Government was planning to extend the date of ITR filing. The last date of filing returns, the chamber clarified would remain as July 31, while urging taxpayers to ensure complete adherence to norms and timely completion of the procedure.
The government was considering the possibility of extending the July 31 deadline for the filing income tax return, a senior bureaucrat in the finance ministry told a leading business daily on Friday. "Taxpayers this year have been facing many new difficulties, so prima facie there is a genuine case to extend the deadline," said this government official.