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4 days ago · The Income Tax Return or ITR is a form in which the taxpayers submit information about their income and tax payments to the income tax department. A taxpayer should file an ITR on or before the due date specified.
- Late Fee
Penalty for Late Filing u/s 234F. As per the changed rules...
- Business
Efiling Income Tax Returns(ITR) is made easy with Clear...
- Which ITR to File
ITR, or Income Tax Return, is a form filed by taxpayers to...
- ITR Due Date
The last date to file Income Tax Return (ITR) for FY 2023-24...
- Late Fee
5 days ago · ITR, or Income Tax Return, is a form filed by taxpayers to report income and taxes to the tax department. There are 7 ITR forms for different types of taxpayers. Filing ITR is mandatory if income exceeds exemptions or specific conditions. Exemptions exist for certain groups. ITR forms vary based on income sources and categories.
7 hours ago · Income tax refund status: If you've overpaid taxes for a financial year, you can claim an income tax refund after filing your income tax return (ITR). The refund is issued after your ITR is processed and confirmed via an intimation notice under section 143(1) of the Income-tax Act, 1961. The deadline for filing returns for FY 2023-24 (AY 2023-24) is July 31, 2024.
8 hours ago · Choose a financial year which corresponds to the capital gains statement you need. To file ITR for 2022-2023, for instance, pick that season. In case requisite, apply some filters. Say some places may support filtering by transaction type e.g., short-term versus long-term capital gains. Step 4- Downloading the Statement:
2 days ago · The last date to file Income Tax Return (ITR) for FY 2023-24 (AY 2024-25) without a late fee is 31st July 2024. Taxpayers filing their return after the due date will have to pay interest under Section 234A and a penalty under Section 234F .
- An income tax refund can be claimed only when you file ITR. However, if you miss the due date for filing ITR, you can file a belated return on or b...
- If you have missed paying taxes and filing your return within the due date, you will still be allowed to do so post the due date. However, a late f...
- Section 139(4) allows for the filing of a belated return, i.e., a return after the due date. A penalty of up to Rs.5,000 is charged for the delay i...
- Usually, the due date to file an income tax return is 31st July for individuals and non-audit cases, and 31st October for audit cases of the releva...
- If you fail to file an income tax return within the due date, a belated return can be filed. However, a penalty of up to Rs.5,000 for late filing w...
- The due date of return filing for trusts for FY 2023-24, whose accounts are not required to be audited is 31st July 2024. If the accounts of the tr...
- The due date for the return filing of domestic companies for FY 2023-24 is 31st October 2024. However, if the company is having any international t...
- The last date to file ITR for individuals is 31st July of the relevant assessment year and 31st October for taxpayers whose accounts are subject to...
1 day ago · Step 5: Choose the ITR Form. From the ‘ITR Form’ dropdown, select ‘ITR-2’. Step 6: Reason for Filing. Select the reason for filing the income tax return and click ‘Continue’. This is mandatory even if your total income does not exceed the maximum exemption limit. Step 7: Select Applicable Schedules
5 days ago · As the process becomes more digitalized and streamlined today, to help you navigate the ITR filing process for FY 2023–24, check the latest updates, tax slabs, rules, and key deductions and exemptions to ensure a smooth and hassle-free filing experience.
People also ask
What is ITR filing?
What is the difference between ITR 5 and ITR 6?
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Who uses the itr-5 form?
