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ITR 2021-22: Key points to keep in mind as the last date approaches

If the income is above Rs 2.5 lakh per annum, not filing the income tax return (ITR) can even land a person in jail

Gross collection at Rs 6.45 trillion is 47 per cent higher than last year. This includes corporation tax of Rs 3.58 trillion and personal income tax, including securities transaction tax, of Rs 2.86 trillion.
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BS Web Team New Delhi
The last date to file the income tax return for the previous financial year (ITR 2021-22) is July 31, 2022. The government has refused to extend the deadline. According to official announcements, over 3 million people have filled the ITR AY22-23.

If you have not filed the ITR, look at these critical points.

Use this method for filing the ITR 2021-22 online

  • Log on to the Income Tax Department portal.
  • Register using your Permanent Account Number (PAN); it will also serve as the user ID.
  • Under the 'Download' section, go to e-filing under the relevant assessment year and select the appropriate Income