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Government extends deadline for e-filing income tax returns till October 31

The government on Thursday extended due date for e-filing of all returns of income & audit reports till October 31, 2015.

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The government on Thursday extended due date for e-filing of all returns of income & audit reports till October 31, 2015.

In a tweet, the Finance Ministry said, "Government has decided to extend the due date for e-filing of all the returns of income and audit reports u/s 44AB till 31st October, 2015. Earlier the due date for e-filing of returns and audit reports was 30th September, 2015 which has now been extended till 31st October, 2015."

The Income Tax department in June notified the new set of ITR forms, including a three-page simplified one, for taxpayers to file their returns for assessment year 2015-16.

Also read: Here is how you can e-verify your income tax return

The government said, "The issue of extension of last date for e-filing returns of income and audit reports u/s 44AB due by September 30, 2015 has been the subject matter of litigation in various High Courts across the country. While some High Courts have ruled in favour of the extension of due date, some others have ruled otherwise.  In order to avoid discrimination between taxpayers residing in different jurisdictions and to be fair to all, and also in view of paucity of time to approach the Hon’ble Supreme Court by way of Special Leave Petition (SLP), the Government has decided that across the country, all the returns of income and audit reports may now be filed by 31st October, 2015."
 
"Necessary order u/s 119 of the Income-tax Act, 1961 has been issued by CBDT in this regard,​" the release said.

The government had dropped earlier forms which had attracted criticism for seeking numerous additional details.

The tax payers base in the country is just over 4 crore.  The government aims to collect Rs 7.98 lakh crore in direct taxes in the current financial year.

The department through its portal has electronically verified over 32.95 lakh e-returns.

The new e-filing system, enabled last month, allows online verification of a person s Income Tax Returns (ITR) by using either Aadhaar number, internet banking, ATM or email, thereby ending the practice of sending paper acknowledgement to its office in Bengaluru.

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