The numbers are anticipated to be revised because the submitting window closes at midnight as we speak. Round 50 lakh filings have been made on Saturday alone.
As of Sunday 6 p.m., the entire filings on the revenue tax portal have touched 5.5 crore with no information from the ministry concerning any extension.
Final week Tarun Bajaj advised PTI that there was no plan to increase the submitting date.
“Folks thought the routine now’s that dates can be prolonged. So that they have been a little bit gradual in filling the returns initially however now each day, we’re getting between 15 lakhs to 18 lakh returns. This can barely go as much as 25 lakh to 30 lakh returns,” he advised PTI.
Representations for extensions have been made on the microblogging web site and by way of letters to the chairman of the CBDT by people and trade our bodies alike. The requests come as a number of customers took to Twitter to specific their difficulties with glitches within the Revenue Tax portal. A majority of the returns are filed within the final week of due date, taking a heavy toll on the servers.
Filings made previous the due date can be levied a nice as much as Rs 5,000 if the returns are filed by the tip of the yr.
The part 234F of the Revenue Tax Act states that late filers could be levied a late charge of Rs 5,000 if their annual revenue of over Rs 5 lakh and so they file their returns by December 31 of the evaluation 12 months. The late charge can go as much as Rs 10,000 if the ITR is filed after Dec. thirty first however earlier than March 31 of the Evaluation 12 months.
These with an annual revenue under Rs 5 lakh can be responsible for a late charge of Rs 1,000.
The division has been tweeting the previous week, urging tax payers to not wait until the final date and responding to the complaints of tax filers on twitter and by way of helplines.
