Individual taxpayers must file their income tax returns by July 31 every year. Due to the COVID-19 pandemic, the income tax (I-T) department has extended the due date to September 30 for the assessment year 2021-22 (financial year 2020-21).
In which month ITR is filed?
November 30: Is the deadline to file ITR for FY 2020-21 by those taxpayers whose accounts are audited and have international or specified domestic transactions. This deadline has been extended by one month to December 31, 2021.
What is fee U S 234f in income tax?
As per the existing laws, any individual who earns more than the minimum threshold set by the government at INR 2,50,000 must pay applicable taxes. And as a responsible citizen, you are expected to file your tax returns at the end of a fiscal year.
When is the due date to pay income tax?
However, all sum deducted/collected by an office of the government shall be paid to the credit of the Central Government on the same day where tax is paid without production of an Income-tax Challan Due date for issue of TDS Certificate for tax deducted under section 194-IA in the month of April, 2021
Which is the last date to file income tax return?
However, any tax paid till 31 st March will be treated as Advance Tax. The last date for income tax returns for Financial Year 2018-19 is extended from 31st March 2020 to 30th June 2020. The last date of Aadhaar-PAN linking is to be extended from 31st March, 2020 to 30th June 2020.
Which is the new e filing portal of Income Tax Department?
Launch of new e-filing Portal of the Income Tax Department – Non-availability of e-filing services from 01.06
When is due date to file belated tax return?
The due date for filing of belated/revised return of income for the assessment year 2020-21 has been extended from March 31, 2021 to May 31, 2021 vide Circular 08/2021, dated 30-04-2021. TAX INFORMATION AND SERVICES TAX LAWS & RULES