ITR filings move at a slow pace as deadline nears: Expert explains why an extension beyond 31 July is unlikely this year
New Delhi, July 7 -- With less than 30 days left until the July 31 income tax return (ITR) filing deadline, only a fraction of eligible taxpayers have filed their returns so far. While the pace of filing has been much slower than last year, Cleartax CEO Archit Gupta says taxpayers should not assume the due date will be extended this year.
"We are less than thirty days away from the deadline. Right now, only 64 lakh ITR-1 and ITR-2 returns are in. By this time last year, we had over 2 crore filings in the same category. That is a massive 68% drop. Even against 2024, a year with no extension, this year is running about 30% slower," Gupta said, citing official income tax department data.
So far this month, as many as 14.4 million income ta...
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