No extension for ITR filing. What happens if you file it after last day
ITR filing: The final day to file the income tax return (ITR) has arrived and taxpayers have been flooding the online filing portals. The Income Tax Department has released helpline numbers and portals to assist taxpayers with an easy ITR filing. Taxpayers are required to file an ITR form for the fiscal year FY22 as well as in the year of assessment 2022 to 23. In filing ITR as a taxpayer, they is able to report their earnings and the taxes they paid during each financial calendar year back to department. If there are refunds offered by the government or other sources, ITR can help taxpayers get the refund. ITR is required when your earnings are higher than the limit of the basic exemption. There is no extension of the time frame for filing ITR. If you have less than 24 hours to go it is crucial to submit your ITR by the deadline to be free of any penalty. income tax return for salaried person On Sunday The department of Income Tax department, via its Twitter account stated that 1...