No plan to extend the deadline for filing income tax returns: Government


Posted on 31 December 2021


For Illustration Purpose Only.

On Friday, December 31, the government said that there is no plan to extend the deadline for filing income tax returns further than the present date of December 31. The official deadline for filing income tax returns for the 2021-2022 assessment year is December 31, 2021, according to Revenue Secretary Tarun Bajaj. He claims that the number of returns filed so far this year is higher than the prior year. The prior deadline was September 30, but the Central Board of Direct Taxes (CBDT) extended it until December 31, 2021 in September this year. The CBDT blamed problems filing returns on the new Infosys-built e-filing site, which was inaugurated on June 7. Meanwhile, the GST Council put on hold a decision to raise the tax rate on textiles from 5% to 12% on Friday, December 31, in response to concerns from numerous states, according to Union Finance Minister Nirmala Sitharaman.


Key Points


  • On Friday, December 31, the government said that there is no plan to extend the deadline for filing income tax returns further than the present date of December 31. 

  • Meanwhile, the GST Council put on hold a decision to raise the tax rate on textiles from 5% to 12% on Friday, December 31, in response to concerns from numerous states, according to Union Finance Minister Nirmala Sitharaman.