ITR Filing 2024: Check Due Date
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16 Apr 2024
An ITR is a document submitted to the Income Tax Department in India
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It details income and tax liabilities for a financial year
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The deadline to file an ITR is July 31st of the assessment year
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Late filing incurs a penalty of Rs 500 per month, maximum Rs 1,000
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Advance tax is required if your tax obligation exceeds Rs 10,000
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Tax payments made before March 31st count as advance tax
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Belated returns can be filed until December 31st, with a penalty
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Tax filing for 2024–25 begins on April 1, 2024
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Skipping the ITR filing leads to a penalty of up to Rs. 10,000 and interest
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Filing a zero-income tax return follows the same process as a regular ITR
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