For AY 2021-22 only information required was if one has opted for the new tax regime or not. But For the AY 2022-23, you have to choose from the following options:Whether you have opted for the new tax regime under Section 115BAC and filed Form 10-IE in AY 2021-22 For the AY 20...
Belated ITR Filing:If you miss the ITR filing due date, you can still file a belated return, but you must do so by December 31st of the particular assessment year. For example, if you miss the July 31, 2024, due date for the financial year 2023-24 (assessment year 2024-25), you c...
FY 2023-24 Due Date for Filing ITR 1 Online FY 2023-24 (AY 2024-25) – 31st July 2024 FY 2022-23 (AY 2023-24) – 31st July 2023 Every year ITR -1 has to be filed on or before 31st July of the following year. After that, a late fee under section 234F is levied Applicable ...
Structure of the ITR 4 Form The ITR 4 Form is structured into four parts for easy reporting of your Income and tax-related information: Part A: General Information This section of ITR 4 form includes your personal details such as name, gender, PAN number, date of birth, income tax ward,...
The ITR landscape includes seven different forms: ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, and ITR-7. Each taxpayer is required to file their ITR on or before the specified due date. The choice of ITR form depends on factors such as the sources of income, the amount of income...