What is the last date of filing income tax return for the financial year 2015-16? Is it same as the assessment year 2016-17? What is the last date of payment of income tax due for the said period? In case the income tax is not deposited before due date, t...
After extending the last date for return filing three times this year, finally, theI-T department has rejected requestsfor further extension of the due date for filing tax returns. The department also said that India has been more generous in providing extra time than other countries and this ...
5. Avoid penalties and late filing fees The Income Tax Department can impose a penalty of up to ₹5,000 for delayed filing or non-filing of an ITR. An additional penal interest on the unpaid tax liability will also be levied if you're filing return after the due date. ...
it explains, "april 15 of each year is the due date for filing your federal individual income tax return, if your tax year ends december 31. your return is considered filed timely if the envelope is properly addressed and postmarked no later than april 15." therefore, taxpayers have until...
to31st October, 2018in respect of the said categories of taxpayers. However, as specified in earlier order dated 24.09.2018, assessees filing their return of income within the extended due date shall be liable for levy of interest as per provisions of section 234A of the Income-tax Act, ...
FILING INCOME TAX RETURN AFTER DUE DATEAMIT BAJAJ ADVOCATE
A taxpayer filed his income tax return after the due date but neglected to file an extension form. The return indicated a tax liability of $50,000 and taxes withheld of $45,000. On what amount would the penalties for late filing and late payment be computed? a. $0 b. $45,000 c. ...
The IRS’sannounced2024 season start date (for 2023 income tax return filing) will be Monday, January 29, 2024. In a few recent years, the tax start date was delayed a few weeks into February, with the complexities created by COVID and stimulus checks. This year, the start of tax seas...
We support tax extension forms 7004, 4868, 8868, and 8809. Apply for an Extension Now File Tax Extension Forms using ExpressExtension Get Automatic Extension up to 6 months Instant IRS Approval Complete Filing in Minutes Re-transmit rejected return for Free ...
As per the Income tax Return guidelines, the deadline for filing IT return for FY 2015-16 was July 31 but due to PSU bank strike, the last date for filing income-tax returns got extended to August 5 by the Government. In view of the day-long strike at public sector banks on behalf...