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When to submit Income Tax proof for FY 2023-24?
When is the last time to submit Income Tax proof?
When to file ITR e-filing for FY 2023-24 (Ay 2024 -25)?
When should a trust file a tax return for FY 2023-24?
Mar 18, 2024 · You can submit investment proof for FY 2023-24 (AY 2024-2025) till 31st March. However, all employers have different deadlines, so you must check with your HR team. In case you fail to submit your investment proof to your employer, they have the right to deduct TDS from your salary.
- Dilip Prasad
- Claim HRA Exemption in your Return. Forgot to submit rent receipts to your employer on time? Don’t worry! If you live on rent and have made rent payments you can claim deduction on House Rent Allowance at the time of filing your return.
- Claim deductions under section 80C with no investments. Section 80C allows you to reduce Rs 1,50,000 from your taxable income. You can view the entire list of deductions allowed under section 80C here.
- Claim these deductions under section 80C without making any additional investments. You can sum up all these expenses and add them to the deduction under Section 80C on ClearTax.
- Cannot claim LTA in your Return. Unfortunately, the exemption on LTA cannot be claimed in your return. The bills for your travel against LTA can only be claimed via your employer.
Aug 27, 2024 · Income Tax Return (ITR) Filing Last Date 2024 - Find out the Important Due Dates of ITR filing for the year FY 2023-24 (AY 2024-25 ) for Individuals and Businesses. See the Tax calendar for 2024. File Now
- 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...
Jan 9, 2024 · Income tax 2024 proof submission: The income tax proof submission's last date for FY 2023-24 is generally 31st March. However, there is no strict deadline and it varies from employer to...
- Sangeeta Ojha
- Due date to submit a tax audit report. The last date to submit a tax audit report for a taxpayer is September 30th of the relevant assessment year. The individual should get the book of accounts audited and obtain the audit report by this deadline.
- Due date to file ITR-U. The deadline for submitting ITR-U as of any revisions or amendments to their previously filed returns are: Year. Due Date. FY 20-21 (AY 2021-22)
- Additional tax for filing ITR-U. If you file the updated Income Tax Return (ITR-U): If filed within. Additional Tax. 12 months from the end of the relevant assessment year (AY)
- Upcoming due dates for FY 2023-24 (AY 2024-25) Category of Taxpayer. Due Date. Individuals, HUFs, AOPs, BOIs (not subject to audit) 31st July 2024. Companies, other entities subject to tax audit, and partners in applicable firms.
Starting from FY 2023-24, the new income tax regime will be considered the default tax regime. If you wish to switch to the old regime, you must submit a form, i.e., Form 10- IEA at the time of filing the return.
Apr 8, 2024 · Understand Section 139 of the Income Tax Act, its implications on return filing due dates, and the changes for FY 2023-24. Learn about new dates, old regime, and key considerations.
