ITR filing 2024: When is the next tax return filing deadline? Check details

ITR filing 2024: When is the next tax return filing deadline? Check details

ITR filing 2024: The deadline set by the Income Tax department for filing income tax returns for FY 2023-24 was July 31, 2024. Contrary to the requests of many taxpayers, the department decided not to extend the deadline. If you are a salaried or business taxpayer and missed the initial deadline, you still have the … Read more

I-T department warns against false claims during ITR filing. Know penalties of late filing, underreporting

I-T department warns against false claims during ITR filing. Know penalties of late filing, underreporting

Ahead of the tax return filing deadline later this month, the Income Tax Department has recently issued a strong advisory to taxpayers, warning against the submission of income tax returns (ITRs) with inaccurate claims for exemptions and deductions. CAclubindia reported that authorities highlighted the severe consequences associated with such actions, including hefty fines and potential … Read more