News & Media 26th Jul 2022

As July 31 deadline looms, only 50% IT returns filed; tech glitches, AIS non-updation blamed

Authors

Mitesh Jain Partner | Mumbai

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As the July 31 deadline for filing Income Tax Return approaches, less than 50 per cent of the returns have been submitted. Though experts say non-updation of complete Annual Information Statement (AIS) and “technical glitches” are reasons for slow filing, data from Income Tax Department shows the gap is filling fast with returns swelling within 11-12 hours.

Against this backdrop, Mitesh Jain, Partner at Economic Laws Practice (ELP) has been quoted by Business Line in their article. He says, “There are many technical issues impeding the process. In certain cases, the taxpayers are facing difficulty in viewing Form 26AS. The taxpayers are unable to download ITRs for different years in PDF format.”

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