ITR filing deadline for assessment year 2021-22 extended till 31st December
The CBDT has given time till December 31 to the income tax payers to file their returns. The return of tax assessment year 2021-22 can now be filed till this date. The Central Board of Direct Taxes had earlier fixed September 30 as the last date. Now it has been extended to 31st December.
The Income Tax Department has prescribed seven types of forms for the taxpayers. In such a situation, you have to choose your ITR form carefully on the basis of your income, else the Income Tax Department will reject it. If any mistake occurred while filling the form, the department can send you a notice.
Keep these things in mind while filing return
It is necessary for the taxpayers to choose the correct ITR form for filing the return and give all the necessary information in it. If you have income from other sources like salary, house property, capital gains, business or profession or interest-dividend, then give full details of these also while filing the return. Also disclose all bank accounts. Under this, information about IFS code, bank name and account number will have to be given. This is necessary because the refund is credited to the updated bank account only.
Many facilities have been given on the new portal
Many new payment methods have been added to the Income Tax 2.0 portal. Taxpayers will be able to make payment on this website through Net Banking, UPI, Credit Card, RTGS and NEFT, the money will be deducted directly from their account. Apart from this, the processing of income tax returns will be faster on the new site, so that taxpayers can get quick refund.
