The extension of e-filing comes after taxpayers reported difficulties in filing these forms online

The Finance Ministry on Sunday extended the deadlines for e-filing of various forms that come under the Income-Tax Act, 1961 after taxpayers reported difficulties in filing these forms online.

“On consideration of difficulties reported by the taxpayers and other stakeholders in electronic filing of certain Forms under the provisions of the Income-tax Act,1961 read with Income-tax Rules,1962 (Rules), Central Board of Direct Taxes (CBDT) has decided to further extend the due dates for electronic filing of such Forms,” the Ministry said in a statement.

Meanwhile, the income tax return (ITR) filing deadline for FY 2020-21 for individuals has already been extended to September 30, 2021, from its earlier usual deadline of July 31, 2021.

You Must File ITR Within the Due Date or Pay a Late Fee of Rs 5000

Individual taxpayers, pay attention, please. You must file your Income Tax Return on or before September 30 or you will have to pay a late fee of Rs 5000. The Central government recently extended the deadline for ITR filing to September 30 due to the COVID pandemic. However, ​if an individual taxpayer fails to file ITR within the due date, then they will have to pay interest on the tax due, according to Income Tax Department.

As per section 234F, late filing fees of Rs 5,000 shall be payable if return furnished after the due date specified under section 139(1). However, the amount of late filing fees to be paid shall be Rs 1,000, if the total income of the person does not exceed Rs 5 lakhs.

Income Tax Return: Here’s how to file it:

1. First, you need to go to the official website  https://www.incometax.gov.in for e-filing the return of income.

2. Then, you will have to log in to the e-Filing portal by entering user ID (PAN), Password, Captcha code and click ‘Login’.

3. After that, you will have to click on the ‘e-File’ menu and click the ‘Income Tax Return’ link.

4. On the Income Tax Return Page: PAN will be auto-populated. Select ‘Assessment Year’, Select ‘ITR Form Number’, Select ‘Filing Type’ as ‘Original/Revised Return, ‘Select ‘Submission Mode’ as ‘Prepare and Submit Online

5. Click on Continue.

6. Then you will have to read the instructions carefully and fill all the applicable and mandatory fields of the online ITR form.

7. Choose the appropriate Verification option in the ‘Taxes Paid and Verification’ tab.

8. Click on the ‘Preview and Submit’ button, Verify all the data entered in the ITR.

9. ‘Submit’ the ITR.

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