What is the last date of ITR for AY 2020-21?
The last date of filing Income Tax Return for AY 2021-22 without late fees was 31st December 2021. However, with late fees also the last date to file a Return for AY 2021-22 was 31st March 2022.
What is the last date for filing ITR for AY 2021-22?
For the Companies that does not require Audit the due date for ITR Filing for FY 2021-22 is 31st July, 2022. The due date for ITR filing for FY 2021-22 (AY 2022-23) for the companies that require audit is 31st October, 2022. The due date for the Tax Audit Report fling is 30th September, 2022.
What is the last date for filing ITR for AY 2022 23?
What is the last date of ITR for AY 2022-23? The last day for filing income tax returns for FY 2021-22 is 31st December 2022 for most individual taxpayers. Filing returns beyond the deadline can attract a penalty of up to Rs 5,000.
Is ITR date Extended 2020?
The last date for filing your income tax return, or ITR, for FY 2020/21 (AY 2021/22) is March 31. The original deadline was July 31, 2021, but that was extended because of Covid; the date was revised to December 31, 2021, then February 15, 2021, and finally March 15, 2021.
Is it return date extended?
The last date to file Income Tax Returns has been extended by the Ministry of Finance to March 15, 2022. The last date to file Income Tax Returns has been extended to March 15, 2022. The last date to file Income Tax Returns has been extended to March 15, 2022.
When can I do my tax return 2021?
When can I file my tax return? The official end of the 2021 financial year falls on Wednesday 30 June 2021. That means that you can begin lodging your tax return from Thursday 1 July 2021.
Is there any extension for ITR filing ay 2021-22?
The due date for filing income tax returns for assessment year 2021-22 has been extended till March 15, 2022. The Central Board of Direct Taxes (CBDT) on Tuesday extended the due date for filing income tax returns for assessment year 2021-22 till March 15, 2022 for some categories of taxpayers.
What happens if I forgot to file tax return?
If you miss filing ITR by the due date, you can file the belated return by 31st December 2022. However, you are required to pay the penalty for late filing. The maximum penalty of Rs 5,000 will be levied if you file your ITR after the due date 31st July 2022 but before 31st December 2022.
What date is tax return 2022?
April 18, 2022
But some people have some extra time to file – are you one of them? Most Americans had to file their federal tax return for the 2021 tax year by April 18, 2022. Note that we said “most Americans.” Taxpayers in two states had until April 19 to submit their 1040s to the IRS.
What happens if I miss the tax deadline?
If you missed the April 18 tax deadline, you may cut back on penalties by filing your return promptly. The failure to file fee is 5% of unpaid taxes per month and late payments incur 0.5%, both capped at 25%. However, with a history of on-time filing and payments, you may qualify for one-time penalty relief.
How much is penalty for late tax return?
Rs.5,000
As per the changed rules notified under section 234F of the Income Tax Act, filing your ITR post the deadline, can make you liable to pay a maximum penalty of Rs. 5,000.
What happens if I don’t file ITR for 2 years?
If ITR is not filed for previous years, then you can file it after the due date. However, you have to pay a fine of Rs. 5000 for missing the deadline.