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ITR filing deadline for FY 2020-21 may be extended beyond December 31, 2021 for individuals
The last date of filing income tax return (ITR) for FY 2020-21 is December 31, 2021. This deadline has already been extended twice - first from the usual deadline of July 31 to September 30, 2021, and then to the current deadline of December 31, 2021. However, Tax experts feel that there is a case for further extension of the ITR filing deadline for individuals (whose accounts are not required to be audited).
Individual tax payers and users of the new income tax portal are urging Finance Minister Nirmala Sitharaman and Income tax department to extend the due dates immediately due to glitches in the newly launched e-filing portal. These glitches include non receiving of One-time password (OTP), login issues due to numerous taxpayers trying to file ITR, portal working at snail pace etc.
With today being the last day of ITR filing, it might not be possible for rest of the individuals to file their tax returns considering the many glitches that are still being reported on the newly launched income tax portal. It is yet to be seen whether the newly launched e-filing income tax portal can handle the load of many individuals filing their ITRs simultaneously within this short span of time.
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