ITR Filing Last Day

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 ...

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

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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?

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

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

ITR is generally filed to claim the tax deductions and exemptions from the long-term capital gains, however, the benefits of filing the ITR 2021-22 before July 31 are not limited to this

Under section 234F of the Income Tax Act, 1961, the taxpayer is required to pay a penalty of Rs 5,000 for delaying the ITR and filing a belated ITR

If the income is above Rs 2.5 lakh per annum, not filing the income tax return (ITR) can even land a person in jail

For people with an annual income of over Rs 2.5 lakh, filing an ITR is mandatory. Failing to do so may attract fines and penalties

In the Finance Bill, 2022, the government introduced the concept of 'updated ITR'. It allows the assessee to file the ITR within 24 months of the expiry of a financial year

Over 8 mn returns for FY21 have been filed so far, 14% of returns filed for FY20

The government on Thursday extended the due date of filing income tax returns for 2020-21 for individuals by two months till September 30.

The date is being extended for the 'genuine difficulties' taxpayers face in the Covid-19 pandemic.

Good news is that the income-tax department has extended the last date for filing ITR from July 31 to August 31, 2019

Have you filed your ITR? It's the last day to file your tax returns

Last minute inundation and heavy logging on site of e-filing portal led to the decision