Wanted to file your income tax return for AY2017-18 by the due date of 31st July, but were unable to do so because of some unexpected reasons or technical glitches on the Income Tax Department’s e-filing website, then here is some good news for you. Keeping the taxpayers’ problems in mind and in order to ease out the panic situation, the Income Tax Department has finally extended the deadline for filing tax return by 5 days to August 5. It has also extended the last date for the linking of PAN with Aadhaar to 31st August, 2017. In a press note, CBDT said that there are some complaints that the taxpayers are not being able to log on to the e-filing website of the Income Tax Department or are not being able to link Aadhaar with PAN because of different names reflected in PAN and Aadhaar database. “While technical snags have been removed already, the main reason for failure of people to log in is because of last-minute rush and panic in which those who have already logged in want to continue for the entire period for fear of losing it,” it said.
Apart from the last date for filing tax return, linking of Aadhaar with PAN was also an issue as many people were unable to link the two because of some technical reasons like mismatch in names on the two cards. Therefore, the government has said that for the purpose of e-filing return, it would be sufficient as of now to quote Aadhaar or acknowledgement No. for having applied for Aadhaar in the e-filing website.
Talking about this, Chetan Chandak, Head of Tax Research, H&R Block India, says, “The extension of the deadline is a relief for a large number of tax payers. With multiple changes such as mandatory linking of PAN with Aadhaar, changes in the ITR forms, compulsory quoting of Aadhaar in tax returns, and declaring the cash deposited in bank accounts of more than Rs 2.5 lakh post demonetization have largely impacted the tax filing process. Coupled with this, there were deadline extensions for companies to provide Form 16 from the earlier 31st of May to 15th June this year. Therefore, all the efforts of the government to bring about compliance awareness amongst the taxpayers and to increase the overall taxpayer base have caused significant burden on the tax practitioners too, to complete the increased no of returns in 75% of the time allowed in earlier years.”
In view of this new development, here are 4 things you need to know:
1. In order to facilitate the e-filing of return, the government has extended the deadline for tax filing from July 31 to 5th August, 2017. Now you can file your income tax returns till August 5, 2017.
2. The government has said that for the purpose of e-filing return, it would be sufficient as of now to quote Aadhaar or acknowledgement No. for having applied for Aadhaar on the e-filing website. This means that while filing your tax return on the income tax website, it would be sufficient to quote your Aadhaar number or Aadhaar enrolment ID. Linking the two is not required for those who have not already done it.
3. However, you still need to link your Aadhaar number with the PAN card till August 31. So, after filing your return you are required to link your Aadhaar number with the PAN card any time before 31st August, 2017.
4. You need to remember that if you fail to do so, your IT returns will not be processed. “The returns will not be processed until the linkage of Aadhaar with PAN is done,” CBDT has said.