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Income tax returns filing deadline – Extended to August 5!!!

Income tax returns filing deadline - Extended to August 5!!!Government has extended the last date for filing Income Tax Returns (ITR) for the financial year 2016-17 from July 31, 2017 to August 5, 2017. To address the PAN and Aadhaar seeding issue, an extension of five days has been announced by the government. Sources also say that this extension was made due to glitches in the e-filing website. A huge traffic on the last date of filing returns had slowed down the website thereby making the return filing difficult.

Though a top official told yesterday that there will not be any extension to the deadline for filing Income Tax Returns (ITR) for the financial year 2016-17, this extension decision has been undertaken. “The last date for filing of ITRs remains July 31. There are no plans to extend this deadline. The department has already received over 2 crore returns filed electronically. The department requests taxpayers to file their return in time,” the official said.

It is said that the decision to extend the deadline was taken after a meeting between the revenue department and the direct tax board. Following the announcement, the Finance Ministry officials said that the e-filed returns will not be processed until the taxpayers link their Aadhaar with PAN. This linking can be done any time before August 31, subsequent to the ITR filing.

Following has been mentioned in the official twitter handle of Income Tax department:

As said earlier, all taxpayers must link their 12-digit Aadhaar number with PAN for filing returns. Along with this the government has also mandated taxpayers to declare bank details in case of deposits above Rs 2 lakh after demonetisation.

To know more about cancellation of PAN card if not linked with Aadhaar card, click here!!!

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