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Tag: Penalties

Missed The ITR Deadline? File A Revised Return By December 31, 2024

Posted on December 27, 2024 By admin
Missed The ITR Deadline? File A Revised Return By December 31, 2024

Filing an Income Tax Return (ITR) is a vital part of fulfilling your tax obligations, and one must be well aware of the deadlines for filing ITR. For taxpayers not requiring audit, the due date to file ITR for Financial Year 2023-24 (Assessment Year 2024-25) was July 31, 2024. In case the deadline has passed,…

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Last Instalment Deadline On March 15

Posted on March 15, 2024 By admin
Last Instalment Deadline On March 15

Advance tax allows taxpayers to spread out their income tax payments throughout the year. Today, March 15, 2024, marks the final deadline for taxpayers in India to settle their fourth and final installment of advance tax for the financial year 2023-24. Missing this deadline can result in penalties and interest charges. Advance tax allows taxpayers…

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