Business Standard

Itr Filing Last Day

Over 70 mn ITRs filed for FY24 till 7 pm on last day: I-T department

Over 7 crore income tax returns have been filed till 7 pm on Wednesday -- the last day for filing ITRs for income earned in 2023-24 fiscal. "More than 7 crore ITRs have been filed so far (31st July), out of which over 50 lakh ITRs have been filed today till 7 pm!," the I-T department posted on X. July 31 is the last date for filing income tax returns for taxpayers who do not have to get their accounts audited. The total number of ITRs for AY 2023-24 (fiscal year 2022-23) filed till July 31, 2023 were more than 6.77 crore, with over 64.33 lakh ITRs being filed on 31st July, 2023. To assist taxpayers for ITR filing, tax payment and other related services, our helpdesk is functioning on a 24x7 basis, and we are providing support through calls, live chats, WebEx sessions & Twitter/X, the I-T department said.

Over 70 mn ITRs filed for FY24 till 7 pm on last day: I-T department
Updated On : 31 Jul 2024 | 11:55 PM IST

ITR filing deadline on July 31: Extension uncertain; all you need to know

ITR filing deadline: The income tax department, in a post on X, urged taxpayers to file ITR at the earliest to avoid last-minute rush

ITR filing deadline on July 31: Extension uncertain; all you need to know
Updated On : 30 Jul 2024 | 3:02 PM IST

ITR filing: Who is responsible for paying taxes on minor's earnings?

A minor can have a PAN card and his parents or guardian can apply for the same

ITR filing: Who is responsible for paying taxes on minor's earnings?
Updated On : 19 Jul 2024 | 6:41 PM IST

Explained: You can discard tax returns if your ITR status is 'unverified'

The discard option is only available for taxpayers with unverified returns from the assessment year (AY) 2023-2024 onwards

Explained: You can discard tax returns if your ITR status is 'unverified'
Updated On : 05 Dec 2023 | 10:56 AM IST

I-T dept extends ITR filing deadline for charitable trusts till Nov 30

The Income Tax Department has extended the income tax return filing deadline for charitable trusts, religious institutions and professional bodies by one month till November 30. Also, the due date for furnishing audit reports for 2022-23 by a fund, trust, institution or any university or educational institution or medical institution in Form 10B/10BB has been extended by a month till October 31, 2023. "The due date of furnishing of Return of Income in Form ITR-7 for Assessment Year 2023-24, which is 31.10.2023 is extended to 30.11.2023," the department said in a statement. ITR-7 is filed by institutions involved in charitable and religious activities; research; and professional bodies, besides political parties and electoral trust.

I-T dept extends ITR filing deadline for charitable trusts till Nov 30
Updated On : 19 Sep 2023 | 1:59 PM IST

ITR Deadline Missed? Know late fees, rules, and penalty for late filing

The last date to file the income tax return for the FY 2022-23 has lapsed. Individuals can still file an ITR even after the ITR deadline, which is known as a belated ITR

ITR Deadline Missed? Know late fees, rules, and penalty for late filing
Updated On : 02 Aug 2023 | 5:32 PM IST

Record 65 mn ITRs for 2022-23 filed, filing to go on till midnight

Over 6.13 crore tax returns for income earned in 2022-23 has been filed so far, as the last date for ITR filing by salaried persons and entities which are not required to get their accounts audited ends Monday midnight. "6.13 crore #ITRs have been filed till yesterday (30th July). 11.03 lakh ITRs have been filed upto 12 noon today (31st July)," the Income Tax department tweeted. Last year, about 5.83 crore income tax returns were filed till July 31. The I-T department asked filers to connect on orm@cpc.incometax.gov.in if they need any assistance.

Record 65 mn ITRs for 2022-23 filed, filing to go on till midnight
Updated On : 31 Jul 2023 | 10:15 PM IST

Last day to file returns: What happens if you miss your ITR deadline today

If you miss the deadline to file your tax returns today, you still have the option to file a belated return until December 31 but you will have to pay a late filing fee.

Last day to file returns: What happens if you miss your ITR deadline today
Updated On : 31 Jul 2023 | 11:16 AM IST

ITR filing 2023: What happens if you miss the July 31 deadline to file ITR?

The last date to file ITR for FY 2022-23 is 31st July, 2023. Taxpayers must pay their taxes before the due date to avoid penalties or late fees. The government reportedly will not extend the due date

ITR filing 2023: What happens if you miss the July 31 deadline to file ITR?
Updated On : 27 Jul 2023 | 3:24 PM IST

File ITR soon as govt not contemplating deadline extension: Revenue secy

Revenue Secretary Sanjay Malhotra has asked income tax payers to file their return at the earliest as the finance ministry is not contemplating extension of the July 31 deadline. "We expect that the filing would be higher than the last year...we are hopeful that it should be more than the last year," he said in an interview to PTI. About 5.83 crore income tax returns were filed as on July 31 last year, the last day for filing returns for assessment year 2022-23. "We would like to thank income tax return filers as ITR filing has been at a much faster pace than last year and we would advise them not to wait to the last moment and also not to hope for any extensions. "So, I would advise them to file their tax return at the earliest because the deadline of July 31 is approaching fast," he said. With regard to the tax mobilisation target, Malhotra said, it is more or less in line with the target growth rate, which is 10.5 per cent. The growth rate as far as Goods and Services Tax (GST

File ITR soon as govt not contemplating deadline extension: Revenue secy
Updated On : 16 Jul 2023 | 3:06 PM IST

Income tax return: What is NIL ITR? Who is eligible, what are the benefits

A Nil ITR refers to an income tax return where there is no tax liability on the taxpayer.

Income tax return: What is NIL ITR? Who is eligible, what are the benefits
Updated On : 12 Jul 2023 | 9:30 AM IST

Everything you need to know about ITR refunds for AY 2022-2023

In order to seek tax refund, the assessee has to file ITR in the prescribed form for the relevant assessment year and refund (if any) will be automatically calculated.

Everything you need to know about ITR refunds for AY 2022-2023
Updated On : 07 Jul 2023 | 10:42 AM IST

ITR 2022-23: Three key changes to keep in mind while filing your return

Those filing ITR themselves this year need to keep in mind a few key things

ITR 2022-23: Three key changes to keep in mind while filing your return
Updated On : 28 Jun 2023 | 5:45 PM IST

I-T dept releases offline forms for ITR 1, 4 for fiscal year 2022-2023

June 15 has been set as the due date by the I-T department for employers to share Form 16

I-T dept releases offline forms for ITR 1, 4 for fiscal year 2022-2023
Updated On : 26 Apr 2023 | 10:27 PM IST

Finance Ministry extends ITR filing deadline for companies till Nov 7

The Finance Ministry on Wednesday extended the deadline for filing income tax returns for the assessment year 2022-23 by businesses till November 7. The last date for filing ITR by companies who are required to get their accounts audited was October 31. The Central Board of Direct Taxes (CBDT), the apex decision-making body in matters of income and corporate tax, in a notification said since it had last month extended the deadline for filing audit reports, hence the ITR filing due date too is extended. "CBDT... extends the due date of furnishing of Return of Income under sub-section (1) of section 139 of the Act for the Assessment Year 2022-23, which is October 31, 2022... to November 7, 2022," the CBDT notification said. Domestic companies are required to file their income tax returns by October 31, 2022, for the Financial Year 2021-2022. The due date to file ITR will be November 30, 2022, for companies which are subject to transfer pricing norms. AMRG & Associates Director ...

Finance Ministry extends ITR filing deadline for companies till Nov 7
Updated On : 26 Oct 2022 | 11:03 PM IST

7.24 million income tax returns filed in one day, a record: CBDT

On July 31, 7.24 million ITRs had been filed, shattering all previous single-day records (the maximum being 4.9 million in 2019)

7.24 million income tax returns filed in one day, a record: CBDT
Updated On : 01 Aug 2022 | 11:26 PM IST

Latest LIVE: 5G spectrum auction concludes; airwaves sale at Rs 150,173 cr

Latest News LIVE updates: From ED's probe against Shiv Sena MP Sanjay Raut to monkeypox and covid developments, catch all the latest updates here

Latest LIVE: 5G spectrum auction concludes; airwaves sale at Rs 150,173 cr
Updated On : 01 Aug 2022 | 3:01 PM IST

ITR Filing AY 2022-23: What if you missed the ITR?

Missed ITR 2022-23 deadline? Under section 234F of the IT Act, a late filing will be imposed on taxpayers after the due date, July 31, 2022. How many penalties should you pay?

ITR Filing AY 2022-23: What if you missed the ITR?
Updated On : 01 Aug 2022 | 10:50 AM IST

Income tax return: Missed ITR 2021-22 deadline? Here's what to do next

On the last day, July 31, over 6.5 million ITR were filed by 11 PM, according to the Income Tax Department

Income tax return: Missed ITR 2021-22 deadline? Here's what to do next
Updated On : 01 Aug 2022 | 9:27 AM IST

Taxpayers fear notices due to AIS discrepancies; CBDT says unfounded

The deadline for filing income-tax returns (ITRs) for the assessment year 2022-23 ended on Sunday

Taxpayers fear notices due to AIS discrepancies; CBDT says unfounded
Updated On : 01 Aug 2022 | 12:25 AM IST