Deadline extended after Monday's portal glitches; use these quick browser and network fixes to file returns
ITR deadline: From regime selection to e-verification, here's what to tick off before the ITR deadline ends tonight
Salaried individuals, small businesses and investors with minor gains can fill up these forms, say experts
Completing these tasks in compliance will impact your tax refunds, returns and penalties
ITR filing deadline: Businesses and professionals under audit will not get more time and they must stick to the original dates
Completing the process even if your income is below taxable limit establishes financial credibility, say experts
The tax body said that the extension comes in the wake of the new structural and content revisions aimed at simplifying compliance, enhancing transparency, and enabling accurate reporting
Professionals must select the correct ITR form and assess whether presumptive taxation or regular provisions suit their income, expenses and documentation requirements
Monthly salary slips of a financial year, annual income statements and Form 26AS among documents that can be used
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.
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
A minor can have a PAN card and his parents or guardian can apply for the same
The discard option is only available for taxpayers with unverified returns from the assessment year (AY) 2023-2024 onwards
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.
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
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.
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.
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
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
A Nil ITR refers to an income tax return where there is no tax liability on the taxpayer.