Filing Income Tax Return Due Dates for FY 2023-24 (AY 2024-25)There is a different category of taxpayer viz. Individual, HUF, Firm, LLP, Company, Trust and AOP/BOI. Due Date is different according to audit or non-audit cases of such categories as defined in section 139(1)...
Income Tax Return filing is mandatory for Taxpayers whose income exceeds the prescribed income limit. ITR Filing process is regulated under the Income Tax Act 1961.
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. ...
Calendar year taxpayers should consider making pension contributions after the tax return due date or for the benefit of the subsequent plan year to the extent possible. This contribution would then be deducted in the tax year in which the contribution is made, thus deferring ...
FILING INCOME TAX RETURN AFTER DUE DATEAMIT BAJAJ ADVOCATE
Few of the problems listed out are as below which calls for immediate resolution or for extension of the return filing dates. 1. Problem in downloadingAIS / TIS Apart from recently introduced AIS/ TIS near the last dates, increasing the burden of reconciliations, there has been problems in do...
After extending the last date for return filing three times this year, finally, the I-T department has rejected requests for 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 ...
July 31 –Due date for submitting the TDS quarterly statement of the quarter ended on June 2021 It is also the due date for filing the Income Tax return for the AY 2021-22 for all the assess who are liable to get their account audited except corporate and non-corporate parties and for ...
Have a valid Social Security number by the due date of your tax return (includes extensions) Be a U.S. citizen or a resident alien all year Not file Form 2555 for Foreign Earned Income Meet certain qualifying rules if you are separated from your spouse and not filing a joint tax return...
Individuals must have a valid Social Security number by the tax return due date Be a United States citizen or resident immigrant for the entire year Tax filing status cannot be married filing separately Children must meet the relationship, age, residency, and joint return tests, and can’t be...