Government will not extend deadline for ITR filing by property dealers

New Delhi: The government said the last date for filing Income-tax returns for certain categories of assessees viz companies, firms and individuals engaged in proprietary business due by September 30, 2015 will not be extended. "After consideration of all facts, it has been decided that the last date for filing of returns due by September 30, 2015 will not be extended.Taxpayers are advised to file their returns well in time to avoid last minute rush," the finance ministry said in a statement. The government has received representations from various stakeholders seeking extension of date for filing of returns and tax audit reports beyond September 30.

"The reasons cited are delay in notifying the returns and related delay in availability of forms on the e-filing website," the statement said. Noting that changes made to ITR forms 3,4,5,6 and 7 which are used by above mentioned categories are not as extensive as compared to earlier years, the finance ministry said it has been decided that the last date for filing of returns due by September 30 will not be extended.