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Income Tax Returns Can Be Filed After Today, New Deadline To Be Announced

The last date for filing of income tax returns (ITRs) for the financial year 2016-17 has been extended. The original deadline was July 31. The new deadline will soon be notified by the government. The Income Tax Department has already received over two crore returns filed electronically.

The department had earlier issued advertisements in leading national dailies in the last few days stating that taxpayers should disclose their income "correctly" and file their ITRs on or before July 31.

Giving the reason for the extension, a government official said the tax department's e-filing website has been experiencing overload.

The linking of Aadhaar number with the PAN (Permanent Account Number) of taxpayers has also been made mandatory for filing of ITR, beginning July 1. The department has also asked taxpayers to declare in their ITRs cash deposits made in bank accounts aggregating to Rs. 2 lakh or more post-demonetisation, between November 9 and December 30 last year.

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