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New Delhi, Mar 27 (PTI) Income tax department offices across the country will remain open on March 29 to March 31 to facilitate taxpayers in completing pending tax-related business for the fiscal year.
The ongoing financial year 2024-25 ends on March 31.
The Income tax department offices across the country will remain open despite the weekend and Eid-al-Fitr which may fall on Monday.
In an order, the Central Board of Direct Taxes (CBDT) said "to facilitate completion of pending departmental work, all the Income Tax Offices throughout India shall remain open on 29th, 30th and 31st March, 2025." March 31, 2025, being the last day of the current financial year, all government payments and settlements pertaining to the fiscal have to be completed by that day.
March 31, is also the last date for filing updated ITRs for AY 2023-24.
A similar directive was issued by the Reserve Bank of India (RBI) for banks dealing with government business to remain open on March 31, for the convenience of taxpayers.
In order to facilitate accounting of government receipts and payments in the current financial year itself, necessary arrangements have also been made to conduct special clearing operations across the country, the RBI had said. PTI JD NKD DRR
Year-end tax administration: income-tax offices to stay open for filings and fiscal settlements enabling taxpayer compliance. Income-tax administration ordered offices nationwide to remain open on the year-end days to enable completion of pending taxpayer business and departmental accounting, emphasizing year-end filing and accounting obligations including the last opportunity to file updated income-tax returns; banking operations handling government business were similarly instructed to remain operational with special clearing arrangements to ensure receipts and payments are recorded in the current fiscal year.Press 'Enter' after typing page number.