Tag Archives: income tax return

Belated ITR Filing Deadline 2024: Taxpayers who have missed the July 31 last date for filing their income tax returns (ITR) have time till December 31 to file their ITR for assessment year 2024-25, on which a late fee of Rs 5,000 will have to be paid. Returns filed after …

The Income Tax Department on Sunday cautioned taxpayers that non-disclosure of assets located abroad or income earned abroad in ITR could attract a penalty of Rs 10 lakh under the anti-black money law. The department on Saturday issued a public consultation as part of its recently launched compliance-cum-awareness drive to …

After how many days of filing an income tax return will you get the refund? Let’s know about this. Income Tax Return Filing: The deadline for filing income tax returns without penalty for the financial year 2023-24 and assessment year 2024-25 has ended on July 31, 2024. According to the …

Form 16: Form 16 is required to file income tax return. Without this, taxpayers, especially employed employees, cannot deposit their taxes. Do you know what Form 16 is? Where do you get this from? Why do you need it to file an income tax return? Here we are giving you …

Simplifying Income Tax Return: Pay Later Option Explained When filing your Income Tax Return (ITR), the Income Tax Department now offers a new convenience on the e-filing website—an option to pay later. This means an individual can submit their ITR without immediately making the payment of pending taxes. After submitting …

ITR Filing Errors: The season to file Income Tax Return has arrived! For the assessment year 2023-24 i.e. for the financial year 2022-23, it is mandatory for every salaried person coming in the income tax slab to file an income tax return! You should complete this work before 31 July …