Income Tax Return Filing: The last date for filing Income Tax Return has not been extended by the government. Its last date was 31 July 2023. Still, if you want to file ITR, you can easily file it, but for this you will have to pay some penalty. Delayed ITR can be filed with this penalty. This is also filled like normal ITR.
How much is the fine
Delayed income tax return can be filed after 31st July. On filling this ITR, a fine of Rs 5000 thousand will have to be paid. Although not everyone has to pay a fine of five thousand rupees, whose annual income is less than Rs. 5 lakh, then he will have to pay a fine of only Rs. 1000. According to the Income Tax Department, the last date for filing delayed ITR is 31 August 2023.
How to file ITR after 31st July
If you want to file income tax return with late fee, then you have to follow the same process. For belated filing of returns, visit the e-filing portal of the Income Tax Department. After this, select the appropriate ITR form and provide accurate information. Now you can pay the outstanding tax and wait for the process.
How many days for e-verification
If you have filed ITR by 31st July, but have not done e-verification then you are given full 30 days time. You can verify ITR anytime within 30 days.
How many people filed ITR till 31st July
According to the Income Tax Department’s website, till July 31, a record 6.77 crore people have filed returns. At the same time, the number of people who have registered is more than 11.59 crore. More than 5.62 crore people have got their returns verified. 3.44 crore people have processed for ITR verification.
ITR filers make the Finance Minister happy! You will also be surprised to know the reason
