Income Tax Return Belated Itr

The Income Tax Department allows taxpayers who miss the original deadline to file a belated return by December 31 of the same calendar year.

The department also shared the link to its website where users can find all the information about filing income tax returns.

Income tax return (ITR) filing for AY 2021-22 was July 31, but you can still file it by December 31, 2022 with up to Rs. 5,000 penalty.

ITR Filing: Until now, the due date for furnishing these income tax returns (ITRs) was September 30.

Income Tax Filling (ITR E-Filing): For example, filing an ITR for financial year 2018-19 (assessment year 2019-20) by December 31 attracts a penalty of Rs 5,000 under the current rules, according to the Income Tax Department's website - incometaxindia.gov.in. However, late filing fee cannot exceed Rs. 1,000 for assessees with a total income up to R...

When income tax return is not filed within the due date, interest under section 234A of Income Tax Act is levied. The taxpayer is liable to pay simple interest at 1 per cent per month or part of a month for delay in filing the return of income.

The taxman said that the total number of ITRs filed from April 1 to August 31 this year rose to 5.65 crore, compared to the corresponding period a year ago.

ITR 2019: According to current income tax laws, the amount of late filing fee in case of a belated income tax return cannot exceed Rs. 1,000 if the assessee's total income is below Rs 5 lakh.

The deadline for filing income tax returns for assessment year 2019-20 (financial year 2018-19) ends today. It is compulsory for individuals earning a specified amount of income in a year to file income tax return (ITR). An assessee who does not submit a return of income within the deadline is allowed to file a belated return at a later time. Howev...

Penalty charges for missing income tax deadline: An income tax return not furnished by the due date set by the Income Tax Department is called a belated return. A belated return of income is furnished under section 139(4) of the Income Tax Act.

Income tax return last date: The Income Tax Department provides seven different forms applicable to different types of assessees.

Income tax return last date: Income tax assessees originally required to file their income tax returns by July 31 will now be required to file their return of income by August 31, according to the Income Tax Department. A belated income tax return or a "return of income" not furnished on or before the due date - attracts a "late filing fee" under...

Belated income tax return: The taxman has stipulated a penalty amount ranging from Rs 5,000 to Rs 10,000 for filing of income tax return for assessment year 2018-19 after August 31, 2018. The amount of money charged as penalty or fine for a belated ITR increases based on the degree of delay.

One can submit the income tax return (ITR) on the department website incometaxindiaefiling.gov.in.

While a substantial number of income tax payers may have cleared their income tax (I-T) liability for the assessment years 2016-17 and 2017-18, the ones who have not paid as yet can still do so by filing the belated income returns. Ideally, the salaried individuals are expected to pay the income tax return before July 31 of the year following the o...

The Income Tax Department allows taxpayers who miss the original deadline to file a belated return by December 31 of the same calendar year.

The department also shared the link to its website where users can find all the information about filing income tax returns.

Income tax return (ITR) filing for AY 2021-22 was July 31, but you can still file it by December 31, 2022 with up to Rs. 5,000 penalty.

ITR Filing: Until now, the due date for furnishing these income tax returns (ITRs) was September 30.

Income Tax Filling (ITR E-Filing): For example, filing an ITR for financial year 2018-19 (assessment year 2019-20) by December 31 attracts a penalty of Rs 5,000 under the current rules, according to the Income Tax Department's website - incometaxindia.gov.in. However, late filing fee cannot exceed Rs. 1,000 for assessees with a total income up to R...

When income tax return is not filed within the due date, interest under section 234A of Income Tax Act is levied. The taxpayer is liable to pay simple interest at 1 per cent per month or part of a month for delay in filing the return of income.

The taxman said that the total number of ITRs filed from April 1 to August 31 this year rose to 5.65 crore, compared to the corresponding period a year ago.

ITR 2019: According to current income tax laws, the amount of late filing fee in case of a belated income tax return cannot exceed Rs. 1,000 if the assessee's total income is below Rs 5 lakh.

The deadline for filing income tax returns for assessment year 2019-20 (financial year 2018-19) ends today. It is compulsory for individuals earning a specified amount of income in a year to file income tax return (ITR). An assessee who does not submit a return of income within the deadline is allowed to file a belated return at a later time. Howev...

Penalty charges for missing income tax deadline: An income tax return not furnished by the due date set by the Income Tax Department is called a belated return. A belated return of income is furnished under section 139(4) of the Income Tax Act.

Income tax return last date: The Income Tax Department provides seven different forms applicable to different types of assessees.

Income tax return last date: Income tax assessees originally required to file their income tax returns by July 31 will now be required to file their return of income by August 31, according to the Income Tax Department. A belated income tax return or a "return of income" not furnished on or before the due date - attracts a "late filing fee" under...

Belated income tax return: The taxman has stipulated a penalty amount ranging from Rs 5,000 to Rs 10,000 for filing of income tax return for assessment year 2018-19 after August 31, 2018. The amount of money charged as penalty or fine for a belated ITR increases based on the degree of delay.

One can submit the income tax return (ITR) on the department website incometaxindiaefiling.gov.in.

While a substantial number of income tax payers may have cleared their income tax (I-T) liability for the assessment years 2016-17 and 2017-18, the ones who have not paid as yet can still do so by filing the belated income returns. Ideally, the salaried individuals are expected to pay the income tax return before July 31 of the year following the o...