Quick Summary
The Ministry of Finance has said that there is no plan to extend the deadline for filing income tax returns for the financial year 2022-23. The last date for filing returns is July 31, 2023. Revenue Secretary Sanjay Malhotra stated that there is no proposal under consideration to extend the deadline for filing income tax returns (ITR), and the government does not intend to provide an extension like last year. He emphasized that taxpayers should file their tax returns, and the sooner they do i
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FAQ :
The deadline for filing income tax returns for the financial year 2022-23 is July 31, 2023.
No, the Ministry of Finance has confirmed there are no plans to extend the deadline.
Yes, by July 12, approximately 10 million more tax returns had been filed compared to the same period last year, bringing the total to around 22 million.
The Revenue Secretary indicated that the significant increase in timely filings suggests there is no apparent need for an extension.
Taxpayers are advised to file their income tax returns promptly before the July 31 deadline.
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