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...
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. Note on "ITR date extension":The Central Board of Direct Taxes (CBDT) extended the deadline for corporates to file their in...
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.
There are certain scenarios where ITR filing is mandatory for individuals even if their gross total income is below the basic exemption limit. You have to file a return if: You have spent more than ₹2 lakh for an international trip. ...
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 Due Dates of Income Tax Return Filing...
Self Filing File ITR Now Base Price: Free You Prepare & File Your Return star Standard Buy Now Base Price: ₹ 449/-+ Taxes Includes salary income from one employer, single house property income & income from other sources. library_add_check ...
Smart Solution for Seamless ITR Filing Numerous features of the Gen Income Tax Return Filing Software aid in streamlining and expediting the filing of tax returns. One of its most notable features is the auto return form generating function, which selects the appropriate return form from ITR-1 ...
Jan 5, 2023|0 comments If you have missed December 31 deadline for filing your belated tax return or revising your filed ITR, then you have the option to file an updated ITR, ITR-U, under Section 139(8A) with some penalty and extra tax. An updated ITR, is an updated return that al...
(b).Condonation of delay requestcan be filedwithin 6 years from the end of the assessment year for which income tax return has to be filed.But it is better you file ASAP. Once you file the condonation request, you can track the status through the e-filing portal. After the request ...
Deadlines for filing BIR Form 1701, 1701A and 1700 The BIR requires that your Annual Income Tax Return must be filed on or before the 15th day of April each year. We do recommend that you file your annual ITR as soon as possible to avoid any unforeseen problems. ...