15. Click on the ITR type applicable for you and mention if your returns require an audit under section 44AB. 16. Once you're done, click Continue. You'll be taken to the File Income Tax Return page. 17. Upload your filed ITR in JSON format using the Attach file button. 18. If ...
File by the Due Date:The due date for filing ITR is July 31st for individuals and October 31st for businesses requiring audit. File your ITR on or before the due date to avoid late filing fees and penalties Understand the Consequences of Late Filing:If you miss the ITR filing due date, ...
ITR Filing for Taxpayers Under Tax Audit (excluding those involved in transfer pricing): Due by October 31, 2024. ITR Filing for Taxpayers Covered Under Transfer Pricing: Due by November 30, 2024. Due Date for Revised/Belated Return of Income for FY 2023-24: December 31, 2024. ...
This facility is available only when the ITR is filed within the due date. However, loss under the head of income from house property can be carry forwarded. Also Read:ITR and Audit Due date Further Extended by CBDT
-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 ...
E- Filing Date Total Income Below INR 5,00,000 Total Income Above INR 5,00,000 Before 31st July 2024 (Non-audit) and 31st Oct 2024 (Audit cases) INR 0 INR 0 After 31st July 2024 (Non-audit) and 31st Oct 2024 (Audit cases) INR 1,000 INR 5,000Modifications...
done trading then you have select not audited under section 44AB. Tax audits are generally required for companies and individuals whose total sales, turnover, or gross receipts exceed a certain threshold in a financial year. For more details you can check out our article What is Tax audit ...
However, taxpayers filing their return after exceeding the due date or last date will have to pay interest under Section 234A and a penalty under Section 234F. Income tax return filing due dates for 2023-24 (unless extended) are as follows: The due date for individuals/HUF/AOP/BOI is ...
CASH GIFT FROM FATHER TO SON - Income Tax clarification Gift deed for income tax Simple question about Housing Loan excemption in income tax Can I revised FY 2018-19 income tax return Urgent query regarding Income Tax Audit Subscribe to the latest topics : ...
The last date of income tax filing is coming closer to an end, several questions are in the mind of the assessee. One of them is to mention the earlier purchase of property in the income tax return (ITR). December 31, 2020, is the date where the taxpayer is required to file their ...