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Income Tax: Missed Dec 31 deadline? You can request for condonation of delay in filing ITR; here's how

If a taxpayer happened to miss the December 31 deadline of filing income tax return (ITR), they can request for the condonation of delay on the e-filing portal to avoid the imposition of penalty. ....

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Verify your income tax return (ITR) for FY 2022-23 by this date or it will be invalid

Last year, the Central Board of Direct Taxes (CBDT) decreased the ITR verification time restriction from 120 days to 30 days from the date of return submission in order to speed up this procedure. The change came into effect from August 1, 2022. ....

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Taxpayers ask for extension of ITR filing due date. Here's what they are tweeting

However, if one missed July 31 deadline they can file a belated ITR till December 31, 2023. Note that Individuals have to pay a penalty of up to Rs 5,000 under Section 234F of the Income Tax Act, 1961. ....

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ITR V receipt status: How to check ITR-V receipt status without logging into your e-filing account

As per the income tax laws, it is important to note that the income tax return (ITR) must be verified within 30 days (120 days earlier) of filing it. Thus, if you are using the physical method to verify your ITR (i.e., sending ITR-V to CPC- Bengaluru), then it is important to make sure that it reaches the income tax department on time. If ITR is not verified, it will be considered that ITR is not filed by you. ....

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ITR e-filing 2023: Income Tax Return filing could start by April end, says report

In February this year, the I-T Department issued the ITR forms for individuals, Hindu Undivided Families, businesses, and others for the 2022-23 fiscal year. ....

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