Big relief of Income Tax Department: Last date to file ITR for these taxpayers

There is news of relief for those who pay income tax, especially for those who have recently received notice from the department. The Central Board of Direct Taxes (CBDT) has extended the time limit for late or revised ITR for taxpayers of a particular group.

This relief is given for the financial year 2022-23 (evaluation year 2023-24).

Who is this relief for people?

This increased deadline is not for everyone. This will only benefit those taxpayers who Notice of investigation by Income Tax Department (under Section 143 (2)) Has found

If you too have received any such notice regarding your ITR, then this news is directly for you.

What can you do and what is the new last date?

Those who have received this notice have now got additional time to file or improve their ITR.

• Belated ITR: If you could not fill your ITR on time due to some reason, now you 31 January, 2024 Can fill up to

• Revised itr: If you filled your ITR, but there was a mistake in it or you want to change any information, then you too 31 January, 2024 Can improve till

Why was this decision taken?

Usually when the Income Tax Department sees any disturbance or ambiguity in an ITR, it sends notice for its detailed investigation (scrutiny). In this process, the taxpayer has to give some more information, after which they may need to improve their ITR. Keeping this in mind, CBDT has given them another chance to rectify their mistakes and file returns correctly.

This is a welcome step, which will help taxpayers fulfill their tax responsibilities correctly without any stress.