An additional penal interest on the unpaid tax liability will also be levied if you're filing return after the due date. 6. Contribute to nation building Paying taxes contributes to the development of a country. By filing an ITR, you're being accountable and fulfilling your duty as a ...
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 ...
Also read:ITR Filing Last Date 2024 Live Updates: Taxpayers alert! No ITR deadline extension in sight | File income tax return today or you will lose all 80C deduction benefits – Here’s why How many days it takes to process an ITR The ITR processing may...
eFile your Income tax return online in minutes. myITreturn ensures accurate efiling of ITR with maximum tax refund. Registered with incometax.gov.in.
The due date for filing a revised and belated income tax return for AY 2024-25 is before three months before the end of the relevant assessment year or before the completion of the assessment, whichever is earlier i.e. 31st Dec 2024. Note: CBDT extends the last date for furnishing ...
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.
19.reciprocation, repayment, or requital:profits in return for outlay. 20.response or reply. 21.the gain realized on an exchange of goods. 22.Often,returns.a yield or profit, as from labor or investment. 23.Also calledtax return. a statement on an official form showing income, deductions,...
If you aren't able to complete your federal tax return by the filing deadline, find out how and when to file for an IRS extension with these tips from TurboTax.
-For Companies & Persons who require tax audit under section 44AB, the last date of filing Income Tax Return is 30th September of next financial year Q. What if i am not able to file my income tax return on time? If you mandatorily requires filing income tax return but failed to do ...
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