Last chance to fill GST and ITR is over, traders demand extension of date

ITR and GST filing deadline: If you too have not yet filed your GST Annual Return and ITR Filing, then you must read this news once. It is known that the last date for filing GST and ITR is 31 December 2022. This year in 2022, the process of tax return filing has been very easy. At the same time, some income taxpayers in the country have demanded to extend the last date for filing GST and ITR.

will be deposited with fine

It is known that 31 December 2022 was the last chance for businessmen to file GST Annual Return for the financial year 2021-22. Companies with a turnover of Rs 5 crore in the financial year 2021-22 are expected to have filed GSTR-9 form and GSTR 9C form in the form of self-certified reconciliation statement, those who have not been able to do so will be liable for penalty. Normally late fee will have to be paid.

Know for whom the deadline was

People have not yet filed belated or revised income tax returns for the assessment year 2022-23, December 31, 2022 was the last date for filing ITR for those income taxpayers. If an income taxpayer has already filed the original return, then he had to submit the belated income tax return along with the late fee.

Demand to extend last date

According to media sources, some businessmen of the country have demanded to extend the return filing deadline by at least 1 to 3 months. In this regard, the Meerut Tax Bar Association has written a letter to the Union Finance Ministry demanding extension of the current last date for filing GSTR 9, GSTR 9C and income tax return for non-audit category businessmen from December 31, 2022 to March 31, 2023. Key’s.

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