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ITR filing: Charged late fee due to I-T website glitch? Tax department to refund


A number of taxpayers who filed their money tax return (ITR) for FY2020-21 just after 31 July were billed interest and late expenses even with the extension of the deadline. The last date for submitting ITR for the last money year has been extended until 30 September 2021, from July 31 to give taxpayers compliance relief through the pandemic.

“The owing date of submitting ITR for FY2020-21 (AY 2021-22) is 30th September 2021 (prolonged from 31st July). Hence, late filing service fees and fascination u/s 234A up to a sure extent shall be relevant only soon after the owing day which is 30th September 2021. Even so, owing to a complex glitch on the Revenue-tax portal, late filing costs & excess interest were being levied in number of instances submitted following 31st July which is incorrect, so the department will situation a refund of late costs & excessive curiosity paid out by the taxpayers,” reported Abhishek Soni, Co-Founder & CEO, Tax2gain

The Profits Tax Division has explained it will refund the extra interest and late price paid by taxpayers thanks to software error even though submitting ITR for 2020-21.

“Despite the extension, some taxpayers who filed their earnings tax returns immediately after July 31 were being falsely billed late submitting costs and desire due to the program concern. On Wednesday, the cash flow tax section announced to refund the excessive late service fees and the fascination mistakenly charged from the taxpayers, if any. The office verified that these taxpayers who ended up billed these kinds of incorrect late submitting expenses under segment 234F and desire beneath portion 234A whilst submitting the return would get the refund of the excessive sum after accurate calculation when processing the return at the Central Processing Device (CPC), Bangalore,” Archit Gupta, Founder and CEO – Very clear said.

The govt also verified that the ITR computer software mistake was set on August 1, 2021, itself. The division has also suggested taxpayers to use the newest edition of the ITR Utility (preparing program) or file online.

Commonly, taxpayers are demanded to file ITR by July 31 of any yr (except extended by the govt). This yr, the Central Board of Direct Taxes (CBDT) has prolonged the previous day for filing ITR for FY2020-21 (AY2021-22) to September 2021 in see of the COVID-19 pandemic.

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