ITR Filing Deadline Extension Rumors
For several days, many individuals and CA associations have been requesting an extension of the deadline for filing income tax returns (ITR). The current deadline for filing ITR for the financial year 2023-24 is July 31, 2024.
Viral Newspaper Picture
Amid these requests, a picture of a Gujarat newspaper has gone viral on social media. The picture claims that the Income Tax Department has extended the last date for filing ITR to August 31, 2024. This has led to confusion among taxpayers who are unsure whether to rely on this information.
Official Clarification
The Income Tax Department has not made any official announcement regarding an extension of the ITR filing deadline. As of now, the deadline remains July 31, 2024. Taxpayers are advised to be cautious and verify information from official sources before making decisions based on social media posts.
Importance of Timely Filing
Filing your ITR on time is crucial to avoid penalties and interest charges. It also ensures that you remain compliant with tax laws. If you miss the deadline, you may face a penalty of up to Rs 10,000, and interest may accrue on any outstanding tax liability.
How to Verify Information
To verify any updates or extensions to the ITR filing deadline, always refer to the official website of the Income Tax Department or follow their verified social media accounts. Avoid relying on unofficial sources or viral messages that can spread misinformation.
Conclusion
The viral message claiming an extension of the ITR filing deadline to August 31, 2024, is not confirmed by any official sources. The deadline for filing ITR for the financial year 2023-24 remains July 31, 2024. Taxpayers should file their returns on time to avoid any penalties or complications. Always verify information from reliable and official sources before making any decisions.
