The EU Finance Ministry said on Friday that it has not proposed to extend the deadline for filing income tax returns (ITR). The last date to file an income tax return is today, which is December 31, 2021.
“As of 3 o’clock this afternoon, a total of 562 million U.S. dollars of returns have been submitted. Today, more than 2 million returns have been submitted. This year, more than 6 million returns have been submitted,” the Minister of Revenue Tarun Bajaj announced the news. Say.
After a letter from the All India Chamber of Traders (CAIT), a domestic trader group, issued a letter earlier this week, the statement was in response to speculation that the tax period for the fiscal year ending in March 2021 may be extended again.
The deadline for ITR submissions was earlier extended by five months until December 31.
At the same time, in answering questions about ongoing tax searches, Federal Finance Minister Nirmala Sitharaman stated that when law enforcement agencies conduct searches, they will only provide actionable intelligence.
“How did the former Chief Minister of Uttar Pradesh (Akhilesh Yadav) know that this is BJP money? Is he a partner? Is he afraid,” Sitharaman said on the sidelines of a news conference at the GST committee meeting. Earlier in the day, the income tax department raided a number of premises related to certain perfume traders in Uttar Pradesh, including Samajwadi Party MLC Pushparaj Jain in Kannauj.
Officials said that 30-40 locations are being searched in Kanaoj, Kanpur, NCR, Surat, and Mumbai.
Complete News Source : Hindustan Times
