In the old ITR Forms one had to report foreign assets in Schedule FA only if the person had held them at any time during the ‘relevant accounting period’. The ‘accounting period’ is not defined in the Income Tax Act. However, the instructions issued by the CBDT for filing of ITR F...
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...
To be clear, youcan still file AFTER these dates— penalty calculations of the BIR will be included though as Taxumo will assume the filing will happen after the April 15 deadline of the BIR. When I use Taxumo for filing and paying for my 1701 and 1701A, when do I know that Taxumo...
Verified Customer(19 October 2022) How can we improve? Aasiya was very helpful throughout the process and get the ITR filing done very quickly AYYANAR M ITR-4 Return Filing Verified Customer(23 May 2022) How can we improve? good KARTHIK.M ...
The CBDT has extended the due date of filing ITR for the auditable entities for the A.Y. 2022-23 to 7th November, 2022 to give effect to consequential extension in the due date of filing audit report till 7th October, 2022. Time limit for e-verification of ITR reduced to 30 days from...