Income Tax Return Update: If you also file income tax then there is important news for you. The filing of Income Tax Return for the Financial Year 2021-22 and Assessment Year 2022-23 has started from June 15, 2022, if you have not filed the return yet, then do it immediately.
Income Tax Return AY 2022-23: Even if you do not come under the purview of income tax, then definitely fill ITR. Let us tell you that the filing of Income Tax Return for the financial year 2021-22 and assessment year 2022-23 has started from June 15, 2022. If you have not filed your return yet, fill it before the last date.
If you have received Form-16 from your office, then fill it without delay, if you do not fill it before the deadline then you may have to pay a penalty. Apart from this, the load increases when more taxpayers file returns on Income Tax E-filing website. In such a situation, if you also want to avoid the problems in income tax filing, then do not wait for the last moment.
File your return before 31st July
It is worth noting that the last date for filing income tax returns for the financial year 2021-22 and assessment year 2022-23 without any late fee is July 31, 2022. If you file income tax return after the deadline, then you will have to pay interest on tax along with penalty under section 234A and under section 234F of income tax.
Detailed deadline for filing ITR
The last date for filing income tax return for individual HUF is 31st July, 2022, while the last date for filing income tax return for those who require audit is 31st October, 2022. Whereas the last date for filing income tax return for such business which requires TP report is November 30, 2022. In such a situation, if you also file a personal return, then fill it soon.
