With barely a few hours left to file income tax returns, taxpayers are busy making last-minute calls to their chartered account friends. In the frenzy to meet the July 31 deadline for filing income tax returns for the financial year 2021-2022, memes are providing some much-needed comic relief on social media. This year, unlike the last two years, the government has refused to extend the due date for ITR filing despite several requests from taxpayers.On Twitter, the hashtag #ITRFiling is one of the top trends, and it has inspired hundreds of memes. Take a look at some of the funniest memes that cropped up on social media as citizens rushed to file their income tax returns at the last minute.
— Anil Kumar Malviya (@kanilmalviya) July 31, 2022
— memes_hallabol (@memes_hallabol) July 31, 2022
Deadline of #ITRFiling exist
Internet server: pic.twitter.com/CtcKFTh5aY— Darshannn (@D4Dramatic) July 31, 2022
— Sumit Kumar (@sumit_k6497) July 31, 2022
Me waiting for news on extension of Income tax return date pic.twitter.com/VxsNWhTZih
— Finance Memes (@Qid_Memez) July 28, 2022
The Income Tax Department on Friday said that more than 4 crore returns have been filed through e-filing portal till date for the financial year 2021-22.
However, many users asked for an extension citing technical glitches in the e-filing website. Citizens who miss the July 31 deadline will still be able to file the return until December 31, 2022. However, they will have to pay penalties in addition to interest if they miss the deadline.A penalty of Rs 5,000 will be charged for delay in filing returns if a person’s total income to be reported exceeds Rs 5 lakh. If the total income of the person is less than Rs 5 lakh, then the fee payable is up to Rs 1,000.