Income Tax Return Filing Due Date for AY 2024-25

Income Tax Return Filing for AY 2024-25 has been started. Income Tax Return Filing Due Date for FY 2023-24 (AY 2024-25) without a late fee is 31st July 2024. File Your ITR within due date in order to avoid penalty and to avail tax saving investment benefits under old tax regime. Order Now.

Pricing Summary

for AY 2024-25

₹ 999/-

Computation
ITR acknowledgment
Paid Challan Copy

Income Tax Return Filing Due Date for AY 2024-25: File Your ITR on time

When is the income tax return filing due date in India? The due date for filing income tax returns varies depending on the type of taxpayer. For individuals and Hindu Undivided Families (HUFs) who are not required to have their accounts audited, the due date is typically July 31st of the assessment year. On the other hand, for taxpayers who are required to have their accounts audited, the due date is usually September 30th of the assessment year.

Why is it important to file your income tax return before the due date? Filing your income tax return before the due date is crucial to avoid penalties and late fees. Additionally, filing your return on time can help you avoid any unnecessary stress or last-minute rush to gather all your financial documents.

Income Tax Return Filing Fees

ITR Filing with Computation

_________

₹1499 ₹ 999/-

Comptation
ITR acknowledgment
Filed ITR form

ITR filing with Balance sheet

__________

₹2499 ₹ 1999/-

Basic Package +
Balance sheet and P& L Account
CA Attestion with UDIN

What are the consequences of missing the Due Date?

If you fail to file your income tax return by the due date, you may have to pay a penalty of up to ₹10,000. Additionally, you may also have to pay interest on any tax dues that you have not paid by the deadline.

How to Ensure Timely Income Tax Return Filing

Organize your documents:
Gather all the necessary documents, such as Form 16, bank statements, investment details, and other relevant paperwork before starting the tax filing process. Organizing your documents in advance will help streamline the filing process and ensure that you meet the due date without any last-minute rush.
Use online filing portals:
Opting for online tax filing platforms can make the process quicker and more convenient. These portals often provide step-by-step guidance on how to file your returns and offer automatic calculations to minimize errors. Additionally, they usually send reminders about the due date to help you stay on track with your filing obligations.
Seek professional assistance if needed:
If you find the tax filing process overwhelming or complicated, consider seeking assistance from a tax consultant or chartered accountant. They can provide expert guidance on how to file your returns accurately and help you meet the due date without any hassle.
Stay informed about tax laws:
Tax laws and regulations are subject to change, so it’s essential to stay updated on any amendments or updates that may impact your tax filing process. Being aware of the latest developments in tax laws will ensure that you file your returns correctly and meet the due date without any issues.

In conclusion, understanding the income tax return filing due date in India is crucial for every taxpayer to fulfill their financial obligations in a timely manner. By staying organized, using online filing platforms, seeking professional assistance if needed, and staying informed about tax laws, you can ensure a smooth and hassle-free tax filing process. Don’t miss the due date and avoid penalties by filing your returns on time.