Income Tax E-filing portal: The Income Tax department will launch a new 'taxpayer friendly' income tax e-filing portal on June 7, 2021, which is said to ease the overall ITR filing experience
Gujarat HC refuses to extend income tax return filing deadline
The court stated that CBDT can take a lenient approach in terms of consequences of late filing of tax audit reports; We leave it to the better discretion of the CBDT, it said
BusinessToday.In | January 15, 2021 | Updated 00:09 IST
Gujarat High Court has dismissed a writ petition by tax consultants seeking extension in deadline for filing income tax returns and tax audit reports. In its order on Thursday, the court noted that the Central Board of Direct Taxes has looked at the matter closely and the court cannot order it to extend the time limit considering the effect it will have on revenue collection. It further observed that CBDT can offer some leeway regarding consequences of delay in filing tax audit reports.