Govt set to extend key ITR dates amid portal glitches

Govt set to extend key ITR dates amid portal glitches Now although ITR Filing has picked up pace after Infosys fixed the glitches on the site, the Central Board of Direct Taxes (CBDT) is set to extend key deadlines in view of the difficulties faced by the taxpayers. Over 400000 returns are being filed a day for the past four days compared to a complete halt in filings for two days from August 21. A senior CBDT official told Business Standard the government would extend the key return-filing dates, giving sufficient time for the taxpayers. "We are factoring in the delays caused due to the technical glitches on the new portal. The extension of dates will be notified in the coming day or two. It will leave taxpayers with sufficient time to comply. We will ease their nervousness" said the official. Over 8 million returns for FY21 have been filed so far, which is nearly 14 percent of the returns by the last date for FY20. The CBDT will also release the statistics on daily filings on the portal. "Things are setting down and that can be seen from the returns and form filing. These are early days. September has not come. 8 million is a good number for a portal that struggled to settle. These are tell-tale sign that things are setting down," said the official. The last date for filing returns by salaried persons and those whose accounts need not be audited was extended to September 30 from July 31. For tax audit cases (companies mainly), the due date has been extended to November 30 from September 30. Source : Business Standard