Good news for those filing belated returns by March 31; IT offices, ASK centres to remain open till month-end

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Updated: March 27, 2018 4:46:25 PM

To facilitate the filing of ITR as well as completion of the pending works of the I-T Department, all I-T offices across India will remain open this week.

income tax return, income tax return filing, income tax offices, ASK centres, belated income tax return, belated return for ay 2016-17, March 31, good friday holidayThe I-T Department may also make special arrangements on these days to facilitate the filing of tax returns by taxpayers.

Are you an income tax payer, and worried about filing your belated or revised income tax return in view of the impending holidays? Relax! Here’s good news for you. The Income Tax Offices will remain open on all these days.

It is true that a 4 to 5-day long holiday is round the corner and most government offices as well as banks will remain closed on most of these days, starting from the 29th March. However, the financial year 2017-18 is going to end soon and the tax filing deadline (for belated and revised returns) of March 31 is only a few days away. If the income tax offices also remain closed on these days, then that will be result into huge inconvenience for income tax payers.

Keeping this in view, the Income Tax Department has decided to keep all the income tax offices open on 29th, 30th and 31th March 2018. In a notification under section 119(1) of the Income Tax Act, dated 26th March 2018, the Central Board of Direct Taxes (CBDT) has said that “the last date for filing belated returns for assessment years 2016-17 and 2017-18 and revised returns for assessment year 2016-17 is 31st March, 2018. The Financial Year 2017-18 closes on 31st March, 2018 which is Saturday. 29th & 30th March, 2018 are also closed holidays.”

However, to facilitate the filing of ITR as well as completion of the pending works of the I-T Department, all I-T offices across India will remain open on 29, 30 and 31 March, 2018. Moreover, the ASK (Aaykar Sampark Kendra)  Centers will also remain open on these days.

Not only this, the I-T Department may also make special arrangements on these days – if needed – to facilitate the filing of tax returns by taxpayers.

Tax experts say that 31st March 2018 is a crucial date in many ways since it is the last date to file belated returns for the FY 2015-16 and 2016-17 as well as to file revised returns for the FY 2015-16. “This move will definitely benefit certain section of taxpayers who are allowed to file their returns physically like those above the age of 80 years and whose income falls below the limit of Rs 5 lakh and they have do not have any claim of refund in the return of income. Although technology has made tax filing easier and e-filing is a preferred option, certain taxpayers may not have access and comfort in this mode of filing. Hence this move of keeping the tax department offices open for tax filing will be beneficial for them,” says Chetan Chandak, Head of Tax Research, H&R Block India.

Taxpayers who have taxes payable and need to deposit them manually should still do so till tomorrow since banks will remain closed on 29th and 30th March 2018.

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