ITR Deadline Extension AY 2024-25: Today is the last day to file ITR as the Income Tax Department has reiterated that the tax return filing deadline will not be extended beyond July 31. As per the ...
Other experts also point out this ambiguity, which conveys the meaning that in case an individual does not file their ITR before the due date, which is July 31st for individual taxpayers ...
Department has asked taxpayers to file an updated income tax return (ITR-U) before its deadline of March 31, 2024; failing ...
With the updated ITR deadline nearing, a meticulous review of your income, tax liability, and payment is paramount.
Filing ITR is not only a legal responsibility but also important for taxpayers' financial health. It keeps a record of one's ...
All depends on how the ITR utility is configured," said Balwant Jain. Even after the due date, you can revise a return and change the tax regime, but only if the original ITR was filed by the due ...
Taxpayers are required to pay 45% of the total tax, including the first installment, by September 15 and the last installment ...
Under the current Income Tax Act, 1961 (ITA), an individual is required to file an income tax return under section ... to file the return by the original due date, i.e., 31 July of the succeeding ...
Form 16 is a certificate provided by an employer to employees, which includes the details of the employee’s salary and the tax deducted at source (TDS) throughout the financial year. In simple words, ...
Number of individual income tax return (ITR) filers has jumped over 43 per cent in fiscal year 2024-25, data till January 31 showed. Overall, number of filers rose by 6.8 per cent in current ...