The Ministry of Finance is not planning to extend the deadline for filing income tax returns. The last date for filing income tax (I-T) returns for the financial year 2022-23 (assessment year 2023-24) is July 31. Revenue Secretary Sanjay Malhotra on Friday said that there is no proposal under consideration for extending the ITR filing deadline like last year.
“There is no proposal under consideration and we don’t intend to. My advice to all the taxpayers is that they should file their tax returns. There will not be any extension in the deadline like last year and the earlier they do it the better,” said Revenue Secretary Sanjay Malhotra, as per a Business Today report. He was asked if the government was planning to extend the ITR deadline in view of the floods and heavy rains in parts of north India.
Read more at: ABP Live
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