ITR filing due date: Why income taxpayers are expecting deadline extension

livemint.com:

tax returns have been filed for income earned in the 2022-23 fiscal, which ended March 31. “Out of the 5.03 crore ITRs filed till 27th July 2023, about 4.46 crore ITRs have been e-verified i.e.

more than 88 per cent ITRs filed have been e-verified!" the income tax department tweeted. The last date for filing ITRs by salaried employees and those who do not have to get their accounts audited for assessment year 2023-24 is July 31.

Over 14 per cent of individual income taxpayers admitted that they will not be able to meet the July 31 deadline, showed a survey by LocalCircles on Friday. Out of 12,000 people who responded to this survey, 27 per cent admitted that they are still left to file their income tax returns.

The survey asked the question “How are you positioned to be able to file your individual income tax return for FY 2022-23 by the current deadline of July 31, 2023?" Of the over 12,000 who responded to this query 27% admitted that they are still to file their income tax returns. The data shows that while 7 in 10 have already filed their income tax returns; 5% of the respondents have tried but had difficulty in filing and will try again to file by July 31; 8% of those surveyed admitted that they haven’t filed their returns yet but will comfortably do so before month end; 5% admitted they haven’t filed it and it will take a significant effort to do so before the deadline and 9% indicated that it will be impossible for them to file the income tax returns by July 31.

In effect, 14% of respondents admitted that they will likely be unable to file their income tax returns by the deadline. Chartered accountants believe that amid this rain fury and floods in several states, taxpayers are facing difficulty in filing ITRs,