I-T returns hit 4 crore; no extension in July 31 deadline

Despite a social media campaign to defer the deadline for filing income tax returns, the government is ruling out an extension, arguing annual filing by individuals crossed the 4-crore mark on Thursday evening. This translates into 68% of the filing until December 31, 2021, when the deadline had been extended due to the second wave of Covid-19 and glitches with the I-T portal.

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