The Tax and Customs Administration has asked taxpayers to file their returns within the prescribed period. The last date to file an Income Tax Return (ITR) for FY 2021-22 (AY 2022-23) without a late fee is July 31, 2022 (unless extended by the government).
In a tweet, the IT department called on people to be early filers.
“ITR return for AY 2022-23 is available on the e-filing portal. Please check your Form 26AS, AIS and other relevant documents before filing. Be an early filer,” the Income Tax Department said, adding the hashtag #FileNow.
ITR application for AY 2022-23 is available on the e-filing portal. Please check your Form 26AS, AIS and other relevant documents before submitting it.
Be an early filer. #FileNow
Visit https://t.co/GYvO3n9wMf#ITRpic.twitter.com/z73Ggl7CKE— Income Tax India (@IncomeTaxIndia) June 22, 2022
The due date for filing ITR is the date on which the returns can be filed without penalty.
In the case of corporations, the last date to file ITR is October 31 of the assessment year (unless extended by the government).
Launched on June 7, 2021, the new e-filing portal www.incometax.gov.in has had a bumpy start from the get-go with taxpayers and professionals reporting failures and difficulties in its functioning. Infosys was commissioned in 2019 to develop the portal.
A year later, many users said there were still many problems, after which the IT department asked Infosys to fix it as a priority.
Meanwhile, Sangeeta Singh, chairman of the Central Board of Direct Taxes, said earlier this month that the number of income tax returns increased in FY22 from the previous fiscal year.
Ms Singh told PTI news agency that the number of income tax returns last fiscal year was 7.14 crore, up from 6.9 crore in the previous fiscal year, showing clear growth.
For FY22, the tax collection is more than Rs 14 lakh crore, which is quite good, compared to the collection for FY20, according to the chairman.