The Income Tax Department on Wednesday said it will refund the excess interest and late fee paid by taxpayers due to software error while filing ITR for 2020-21.
The last date for filing ITR for last financial year has been extended till September 30, 2021, from July 31 to give taxpayers compliance relief during the pandemic.
However, some taxpayers complained that interest and late fee was charged while filing income tax return (ITR) after July 31, 2021.
I-T department tweeted
“Taxpayers have been advised to use the latest version of the ITR preparation software or file online.
If, by any chance, someone has already submitted the ITR with such incorrect interest or late fee, the same will be correctly calculated while processing at CPC-ITR and the excess amount paid, if any, will be refunded in the normal course.”
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