ITR Due Date Extension AY 2024-25: Will Income Tax Return Filing Deadline Be Extended Beyond July 31?

By: Admin July 17, 2024 Categories: Income Tax News | News

As the income tax return filing deadline of July 31 approaches, individual taxpayers and tax professionals have requested an extension for AY 2024-25. The Institute of Chartered Accountants of India (ICAI) recently wrote to the Income Tax Department citing technical glitches on the e-filing portal as a significant hindrance.

Key Highlights:

  • Technical Glitches: Tax professionals and individual taxpayers are facing issues with the e-filing portal, leading to calls for extending the ITR due date. Users have reported difficulty accessing Form 26AS/AIS/TIS and discrepancies in the data.
  • Income Tax Department’s Response: The Income Tax Department acknowledges the issues and is working to resolve them, though no specific timeline has been given.
  • ICAI’s Concerns: ICAI highlighted several issues, including difficulty in accessing essential forms, discrepancies between figures in statements, and limited response options in AIS/TIS. They have requested a swift resolution to ensure seamless ITR filing and tax payments.
  • Previous Issues: This isn’t the first time such issues have surfaced. Similar problems were reported in previous years, leading to calls for a more reliable e-filing portal.

As taxpayers await the Income Tax Department’s decision, many continue to advocate for an extension to ensure accurate and timely filing without the added stress of technical barriers.

#IncomeTax #ITR2024 #TaxFiling #EfilingPortal #ICAI #TaxReturn #TaxGlitches #DeadlineExtension

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