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Are We Expecting Another ITR Due Date Extension?

Are We Expecting Another ITR Due Date Extension?

We are thinking about the same thing that you are! After numerous ITR due date extensions for the FY 2019-20, can we expect another one now? Considering the roller-coaster 🎒 ride that the year 2020 has been, we don’t know what to expect anymore. πŸ€”

The initial date to file ITR (tax audit not applicable) was 31st July 2020 that was extended to 30th September 2020 which in turn was extended to 30th November 2020. Since the world was being controlled by aliens πŸ‘½(perhaps), obviously that was not enough. As a relief to the taxpayers, the due date was extended to 31st December 2020. Yet again, the thriller 😡 movie that we have been a part of was far from ending and the deadline had to be pushed to 10th January 2021. (if tax audit is not applicable)

Let’s look at the latest due date extensions that were announced on 30th December 2020, just a day before the former deadline. 😌(relief much?!)

With the ITD announcing due date extensions a day before the deadline, do you think it is bound to happen again? We are as clueless as you are! πŸ˜•

In retrospect, we almost had a year to ourselves just to file our ITR. With so many extensions it is normal for people to think another one might be on its way. But should we really be relying on what ifs?

As per the Income Tax Department statistics, a total of 6,21,680 ITRs have been filed on January 8, 2021, up to 4 PM. Further, around 1 Lakh ITRs were filed in just an hour’s time! Crazy, right?!

With only 2 days to go, it is time that we don’t hold our breath for ITR due date extension and act proactively. Do you think it is wise to wait till “tomorrow”? File your taxes in a jiffy and make the most out of your weekend!

Our weekend plans you ask? Depends on when you decide to file! πŸ˜›

File Your Tax Return

On Time , Online on Quicko.com

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File Your Tax Return

On Time , Online on Quicko.com

Open Your Account Today

We don’t need a year to file our taxes when taxes have been made so simple. Check that one thing off your list and act now!

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