Filing Belated ITR? Note your Old Tax Regime deductions, exemptions won’t apply this time. Check details

Filing Belated ITR? Note your Old Tax Regime deductions, exemptions won’t apply this time. Check details

ITR 2024: Those who missed filing their income tax returns by July 31, 2024, still have an option to file it by December 31, 2024, for the financial year 2023-2024 / Assessment Year 2024-2025. The belated return is filed under Section 139(4) of the Income Tax Act, 1961. The belated return will attract interest under sections … Read more

ITR filing 2024: What will happen if you miss filing returns by July 31? Check details on belated ITR

ITR filing 2024: What will happen if you miss filing returns by July 31? Check details on belated ITR

ITR filing: As the deadline for filing Income Tax returns (ITR) draws near, individuals should be aware that failing to meet the deadline can result in serious consequences. The deadline for submitting income tax returns for the financial year 2023-2024 (Assessment Year 2024-2025) is July 31, 2024. If individuals miss the July 31 deadline, they … Read more

ITR filing: If you miss filing returns by July 31, you will be shifted to new tax regime. Check details

ITR filing: If you miss filing returns by July 31, you will be shifted to new tax regime. Check details

ITR filing: As the deadline to file Income Tax returns (ITR) approaches, those who are still waiting to collect details about how to file their returns should note that missing the deadline can have serious consequences.  The deadline for submitting income tax returns for the financial year 2023-2024 (Assessment Year 2024-2025) is July 31, 2024. This … Read more