- Original deadline for filing of income tax return was July 31
- Taxpayers have been asked to declare certain cash deposits post-notes ban
- A government official said e-filing website experienced overload
Giving the reason for the extension, a government official said the tax department's e-filing website - incometaxindiaefiling.gov.in - has been experiencing overload due to last minute filing of returns.
In view of the difficulties faced by taxpayers, date for filing of Income Tax Returns for FY 2016-17 has been extended to 5th August, 2017.— Income Tax India (@IncomeTaxIndia) July 31, 2017
The linking of Aadhaar number with the PAN (Permanent Account Number) of taxpayers has also been made mandatory for filing of ITR, beginning July 1. The Ministry of Finance has said that Aadhaar-PAN linking can be done till August 31 and the return will be processed after the linking.
For e-filing return, “it is sufficient to quote Aadhaar or acknowledgement No. for having applied for Aadhaar in e-filing website”, the ministry said.
Govt decided for e-filing return,it is sufficient to quote Aadhaar or acknowledgement No. for having applied for Aadhaar in e-filing website— Ministry of Finance (@FinMinIndia) July 31, 2017
Actual linking of PAN with Aadhaar can be done subsequently, but any time before 31st August, 2017.— Ministry of Finance (@FinMinIndia) July 31, 2017
However, the returns will not be processed until the linkage of Aadhaar with PAN is done.— Ministry of Finance (@FinMinIndia) July 31, 2017
“Actual linking of PAN with Aadhaar can be done subsequently, but any time before 31st August, 2017. However, the returns will not be processed until the linkage of Aadhaar with PAN is done,” it added.
The department has also asked taxpayers to declare in their ITRs cash deposits made in bank accounts aggregating to Rs 2 lakh or more post-demonetisation, between November 9 and December 30 last year. (Read: Have you filed your ITR? Key changes to know this year)
Every person whose gross total income exceeds the taxable limit must file an income tax return, the Income Tax Department has said.
The Income Tax Department also mentioned certain taxpayers who are required to e-file their income tax returns. These included individuals and HUFs (Hindu Undivided Families) having total income exceeding Rs 5 lakh or claiming any refund in the return (excluding individuals of the age of 80 years or more who are furnishing return in Form ITR-I or Form ITR-2) and individuals/HUFs being a resident other than not ordinarily resident having any foreign asset/income or claiming any foreign tax relief.
Also, the taxman said, persons filing Form 3, Form 4, Form 5 and Form 7 are required to e-file their returns.
The government had earlier notified a simpler, one-page form for filing income tax returns.