Income Tax Return Filing: Can ITR be filed even after July 31? latest update came for public

Income Tax Slab: Whereas earlier the last date for filing income tax return was also extended by the Income Tax Department, but this time it does not seem to be the case. No indication has been given by the Income Tax Department to extend the last date for filing ITR.

Income Tax Return Filing: The last date for filing Income Tax Return is getting closer. The last date for filing ITR individually is 31 July 2023. Till this date, people can disclose the earnings made in the financial year 2022-23. At the same time, only two days are left for July 31 to come. In such a situation, people will have to file their income tax return as soon as possible, otherwise people may have to face problems.

May have to pay a fine

If people are not able to file their income tax return by 31st July, then people may have to file a fine as well. Those people whose income is taxable, they will have to file income tax return by July 31 without penalty, otherwise people may have to pay late fees. According to the taxable income, the fine can be up to 5 thousand rupees.

Last date

At the same time, earlier the last date for filing income tax return was also extended by the Income Tax Department, but this time it does not seem so. No indication has been given by the Income Tax Department to extend the last date for filing ITR. In such a situation, people should file ITR without waiting for the last date. Many times server problems may also have to be faced in the last date.

Income tax return

Along with this, the latest update has also been given by tweeting from the Income Tax Department. It has been told by tweeting from the Income Tax Department that July 31, 2023 is the last date for filing income tax returns, in such a situation people should file ITR without delay.