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Income Tax Return: People filing ITR should not ignore these dates, if missed even for a day, fine will be imposed

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Income Tax Return: People filing ITR should not ignore these dates, if missed even for a day, fine will be imposed
Income Tax Return: People filing ITR should not ignore these dates, if missed even for a day, fine will be imposed

Income Tax Return: People are required to file their income tax return by the due date. If someone does not file ITR by the due date, then penalty can also be imposed. In such a situation, it is advised that all taxpayers file their ITR before the last date to avoid late fee or penalty.

Income Tax Return: At present, the month of income tax filing is going on in the country, whose last date is 31 July 2023. For taxpayers who are not audited for the assessment year 2023-24, the last date for filing Income Tax Return (ITR) is 31 July. However, the last dates for filing ITR differ for different types of taxpayers in the country. Here is a comprehensive list to help you determine your filing deadline.

income tax return

People are required to file their income tax return by the due date. If someone does not file ITR by the due date, then penalty can also be imposed. In such a situation, it is advised that all taxpayers file their ITR before the last date to avoid late fee or penalty.

Know about the last date for filing ITR based on your status here…

For taxpayers whose accounts have not been audited, the last date for filing returns is 31 July 2023.

Taxpayers who are required to file Transfer Pricing (TP) Audit Report (Form No. 3CEB), for them the last date for filing ITR is 30 November 2023.

– For partners in a firm subject to TP audit (Form No. 3CEB), the last date for filing ITR is 30 November 2023.

Spouses of partners in a firm subject to TP audit (Form No. 3CEB), the last date for filing ITR is 30 November 2023. Additionally, if the spouse is subject to section 5A, the deadline remains 30 November 2023.

– For companies that do not require TP audit (Form No. 3CEB), the last date for filing ITR is 31 October 2023.

Accounts audited under the Income Tax Act or any other law, the last date for filing ITR is 31 October 2023.

– Partners in firms with audited accounts, the last date for filing ITR for them is 31 October 2023.

– For persons who are spouse of a person having a firm under audit and covered under section 5 provisions, the last date for filing ITR is 31 October 2023.

For all other cases (mainly salaried taxpayers and persons not requiring audit), the last date for filing ITR is 31 July 2023.

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