Income Tax

Should ITR dates be extended for non availability of e-forms for AY 2018-19 on e-filing portal?

Do you agree with demand that ITR dates should be extended for non availability of e-forms for AY 2018-19 on e-filing portal yet or it is just an excuse and would hardly make any difference as last date for filing TDS returns is not over?

As of now the Income Tax Department has released only e-form ITR-1 and other e-forms (i.e ITR-2, ITR-3, ITR-4 and ITR-7) have still not been released. The ticker at the income tax e-filing website however says that Other ITRs will be available shortly. 

In view of the above, in social media, there has been a demand by few that ITR due dates should be linked to ITR availability.

However, the demand seems to be misdirected and only an excuse because the time limit for furnishing quarterly TDS return for the quarter ending 31st Match, 2018 is 31st May, 2018 . It is very unlikely that any wise person would furnish his/her ITR without matching it with Form 26AS, particularly in view of the advisory of the CBDT in this regard.

So far as the following e-forms have been made available

(a) ITR-1 >>

(b) ITR-4 >>

So what turns out to be the real issue at best could be how to shorten the the gap between due date for filing TDS return for the 4th quarter and the availability of the ITR by that date and not the linking of ITR due dates with availability of ITR e-forms.

Users are requested to express their views and share the post, like, retweet for soliciting more responses

Share

Recent Posts

  • Income Tax

Form 26 to replace Form 3CD of tax audit report by a CA from Tax Year 2026-27

Form 26 to replace Form 3CD of tax audit report from Tax Year 2026-27 Draft Form 26 has been issued…

2 hours ago
  • Income Tax

When no addition is made on the basis of reasons recorded, reopening is bad in law

When AO do not make any addition on the basis of the reasons on which the reopening was done, the…

3 hours ago
  • Insurance

No separate compensation for loss of love and affection under MV Act – SC

Under MV Act separate compensation can not be granted under the head “loss of love and affection” – Supreme Court…

22 hours ago
  • Income Tax

Trust accredited by National Open School eligible for registration u/s 12AB & u/s 80G

Trust accredited by National Institute of Open Schooling eligible for registration u/s.12AB and u/s 80G of the Act. In a…

1 day ago
  • Income Tax

Delay in furnishing Form 10B – Covid Period to be excluded as per decision of Supreme Court

Delay in furnishing Form 10B – Period between 15.03.2020 till 20.08.2022 to be excluded as per decision of Hon'ble Supreme…

3 days ago
  • Income Tax

Section 271AAB does not grant any immunity from penalty in terms of section 273B

Section 271AAB does not grant any immunity from penalty even if the assessee was able to show some reasonable cause…

3 days ago