Attention Taxpayer! Dont miss this Last Chance to File Your Belated ITR
Sushmita Goswami | Mar 25, 2022 |
Attention Taxpayer! Dont miss this Last Chance to File Your Belated ITR
Missed the due date to file your ITR? This is your last chance to file ITR.
The due date for filing returns under section 139(1) for the Assessment Year 2021-22 was July 31, 2021. However, the income tax department has extended the deadline for all taxpayers.
Many taxpayers believe that once they have paid their taxes, they are free and clear. Missing the ITR filing deadline, on the other hand, has legal ramifications. For returns filed after the due date, a late filing fee will be levied beginning with the fiscal year 2017-18.
You have last option to file belated ITR for AY 2021-22 within the extended due date of 31st March, 2022. Do not wait any longer!. After 31st March 2022 ITR for AY 2021-22 cannot be filed. Even if you are ready to pay late Fees ITR for AY 2021-22 cannot be filed after 31st March 2022.
Late fee of Rs. 1000 or Rs. 5000 will be applicable as per section 234F of the Income Tax Act, 1961.
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