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Taxpayers in India will need to file income tax returns for Assessment Year 2023-24 by 31st July, 2023. Get the tips to meet the due date on time.
The assessing officer may contact the individual through a notice to furnish reasons for not filing the return within the due date. Not filing the return within the due date may lead to a levy of penalties up to INR 5,000. It was a well-known fact that the last date to file your ...
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Last date to file an income tax return The last date to file returns for individuals is set by the Income Tax Department. The due date differs based on the individual's income source and business type.Penalty for non-filing of an income tax return According to Section 234F of the Income...
While filing tax in India, NRIs do not have to report overseas assetsSonu Iyer
The CBDT has extended due date of filing Income Tax Return till 31st December, 2021 which was earlier 30th September, 2021 Last date of payment under Vivad Se Vishwas Act extended to 30th September, 2021 The CBDT vide its Press Release dated 29th August, 2021 has extended the last date ...
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