To file all sources of income, full disclosure is of key importance. The IT Department has introduced a new portal with a JSON utility that provides the IT taxpayer with all information on how to create ITR XML file with pre-filled information to validate it. When a filing is done offline and is required to be submitted online, it becomes easier to upload it by converting it into XML format. So, what is ITR XML file in income tax ? This is a format for filing Income tax returns. The salaried class therefore has now time to focus on their Income Tax Returns or ITR for the financial year (FY) 2020-2021 or the Assessment Year (AY) 2021-2022. Read on to find more about the steps to generate your Income Tax Return XML file? However, the COVID 19 pandemic led to the deadlines being extended to September 30 th 2021 and again to December 31 st 2021. Every year the date for filing of returns usually is July 31 st.
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