homevideos Newspersonal finance NewsGovt unlikely to extend December 31 deadline to file income tax returns: Sources

Govt unlikely to extend December 31 deadline to file income tax returns: Sources

Tax department officials told CNBC-TV18 that there is no immediate need to consider an extension to file I-T returns beyond December 31.

Profile image

By Timsy Jaipuria  Dec 20, 2021 10:20:08 PM IST (Updated)

Listen to the Article(6 Minutes)
Even as the taxpayers continue to raise concerns over the functioning of new income tax portal, the government is unlikely to extend the December 31 deadline to file returns, sources said.

Tax department officials told CNBC-TV18 that there is no immediate need to consider an extension to file IT returns beyond December 31. Extension of deadline is a policy decision which will be taken by the finance minister, officials added.
According to the IT department, as of December 19, 3.83 crore tax returns have been filed for FY20-21.
Watch video for more.

Most Read

Share Market Live

View All
Top GainersTop Losers
CurrencyCommodities
CurrencyPriceChange%Change