WebApr 11, 2024 · Deadline for filing income tax returns that have received extensions. If you request an extension, you'll have until October 16 to file your return. Importantly, that doesn't buy you more time to ... WebJul 31, 2024 · In case you miss the 31 July deadline, you can still file your tax returns by 31 December, 2024. But you will have to pay a late fee. If you are an earning individual with income up to Rs 5 lakh, you will have to pay Rs 1,000 fine. If your income is over Rs 5 lakh, then you will have to pay Rs 5,000 as late fee.

All about Updated Income-tax return (ITR-U)

WebMar 25, 2024 · The financial year 2024–2024’s income tax return must be filed by July 31. Beginning on April 1, new ITR forms for the assessment year 2024–24 will be available. People who earn more than the basic exemption threshold of Rs 2.5 lakh annually must submit their ITRs before the deadline. WebJan 6, 2024 · Under Section 234F of the Income-tax Act 1961, a penalty of Rs 5,000 is levied on an individual filing an ITR after the expiry of the due date — July 31, 2024, in this cycle. … how far away is florida from washington dc

Income Tax Return Due Dates AY 2024-23 - YouTube

WebDec 22, 2024 · The process of filing a belated income tax return is same as filing an original income tax return filed on or before the due date. A penalty is payable by an individual for … WebJul 13, 2024 · SEBI registered tax and investment expert went on to add that ₹ 5,000 late fee may become ₹ 10,000 if the taxpayer fails to file its ITR for AY 2024-23 or FY2024-22 by … WebJan 7, 2024 · Thus, after issuing the audit report, but before the due date for filing the return, the assessee may make payment of TDS or of tax, duty, cess, fee, or other payments referred to in Section 43B, and file the revised audit report. FAQ 7. Is there any penalty for the late filing of the audit report? hidi full movies bin tum