WebAug 2, 2024 · Learn about How to file an Income tax return (ITR) after 31st July and what is the Late fees after 31st July.If you have much more question regarding this vi... WebMar 23, 2024 · As per Income Tax laws, the due date to file ITR u/s 139(1) for FY 21-22 (AY 2024-23) was 31 July 2024. Later, a belated return could be filed upto 31 December 2024 for the assesses who missed filing their income tax return within the original due date. Revised returns were also allowed to be filed within this belated return deadline to rectify ...
Missed 31 July ITR deadline? Don’t fret, here’s what ... - Firstpost
WebAug 11, 2024 · The deadline to file an income tax return (ITR) for the assessment year 2024-23 for individual taxpayers was July 31. Those who plan to file the ITR after the … WebApr 10, 2024 · As a freelancer and consultant, one has to fill out and submit either ITR-3 or ITR-4. ITR-3 applies to income from business or profession. From AY 2024-18 (FY 2016-17), professionals can opt for presumptive taxation and declare 50 per cent of their gross receipts as their income by filing ITR-4. k.b. complete
Section 234F: What is the Penalty for Late Filing of Income Tax Return ...
WebSep 17, 2024 · While the Central Board of Direct Taxes (CBDT) has extended the due date for filing income tax returns (ITR), including those by salaried individuals, till December … WebApr 10, 2024 · By India Today Information Desk: Income Tax Returns (ITRs) for the FY 2024-23 are due by July 31. On April 1, the new assessment year 2024-24 began. July 31 is usually the deadline for filing ITRs. The tax returns for this year are due on the same day as last year. SBI users who have not yet filed their ITR can choose this option. WebLate Fee for default in furnishing return of income u/s 234F. According to section 234F of the Income Tax Act, filing the ITR post the deadline can make the assessee liable to pay a maximum penalty of Rs.5,000. Hence, for financial year 2024-21, if the assessee files his ITR after 31 st December 2024, the penalty of Rs.5,000 would be levied. k.b.mehta construction private limited