Excelsior Correspondent
JAMMU, July 30: Income Tax Bar Association (ITBA) Jammu has appealed Finance Minister (FM) Nirmala Sitharaman to extend due date for filing Income Tax due to prevailing circumstance in the Nation.
In a letter addressed to the Finance Minister, Sat Mehta, president of the Association said that rain-hit people of Jammu region, as also of entire nation as recently heavy Monsoon showers have wreaked havoc in the entire country badly affecting business community and their infrastructure which is essential for maintenance of account books, preparation of various financial reports and consulting their legal experts for filing of income-tax returns for the Assessment Year 2022-23.
“The IT Department has recently tweeted regarding irregular traffic on the portal slowing down the website. With taxpayers complaining about issues with the e-filing portal this year as well, there should be bright chances of the Government extending the ITR filing deadline this year. Also, tax experts state that so far, very few taxpayers have filed their tax returns, and the more than 6 crore taxpayers are yet to do it,” he added.
“The new Income Tax portal is functioning with a lot of glitches and difficulties and therefore, taxpayers as well as the professionals are still facing problems in filling up the relevant Income Tax Forms and uploading the information on the portal,” he alleged.
He further added that the recently introduced systems of MS (Annual Information System) and TIS (Tax Information Summary) on the Income Tax portal is a very new thing for the taxpayers and is resulting in lots of difficulties and anomalies for them to reconcile the information & details. This reconciliation of information is taking a very long time and it may not be possible to submit the income tax returns by the due date of 31st July, 2022, he submitted.
Mehta therefore urged the FM to extend the due date of Income Tax Returns at least by three months i.e. upto 31st October, 2022 so that professionals are not put to undue stress for timely compliances.
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