Due date of ITR not extended for all taxpayers

By | September 4, 2015
(Last Updated On: September 4, 2015)

Due date of ITR not extended for all taxpayers

The due date for filing of return of income for individuals and HUFs, who are not liable for tax audit, is July 31 of every assessment year. As the Income-tax return forms were revised twice for the Assessment Year 2015-16, the CBDT had extended the due date for filing of return of income from July 31, 2015 to August 31, 2015.

Recently the CBDT has further extended the due date for filing of return from August 31, 2015 to September 7, 2015 videF.No. 225/154/215/ITA.II, Dated 2nd September, 2015.

However, such extended due date till September 7, 2015 is available only to those taxpayers who were liable to file return of income electronically by August 31, 2015.

Thus, such extended due date (till September 7, 2015) is not available to following taxpayers who can file return of income manually:

 (a) Taxpayer whose total income is less than Rs. five lakhs and who is not claiming any income-tax refund;

 (b) Individuals who are 80 years or above at any time during the year even if their taxable income is above five lakhs or are claiming tax refund.

Thus, return filed electronically after August 31, 2015 would be considered as belated return for those taxpayers who had an option to file return of income manually but otherwise chose to file it electronically.

However, the extended period for filing of return is available to all taxpayer (irrespective of their obligation to file return of income electronically or otherwise) in the State of Gujarat, vide Order No. F. No. 225/154/2015/ITA.II

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