The income tax department has asked taxpayers to check their Annual Information Statement (AIS) or Form 26AS (Tax Credit) to see whether they need to file Income Tax Returns (ITR) or not.
“Don’t delay, file a belated ITR no,” the Income Tax department said.
ITR LAST DATE
The last date to file ITR for AY 2021-22 is March 31, 2022.
“Dear taxpayers, Pl check your AIS or 26AS & file your ITR for AY 2021-22. The last date to file ITR for AY 2021-22 is 31st March, 2022,” Income Tax India tweeted.
ITR LATE FEE
If a taxpayer fails to file ITR for AY 2021-22 before March 31, 2022, then he or she needs to pay a late fee of Rs 1,000 or Rs 5,000.
The late fee will be applicable as per section 234F of the Income Tax Act, 1961.
Taxpayers need to link Aadhaar and PAN under the Income Tax Act, 1961.
“Link your PAN & Aadhaar to enable quick & easy e-verification of ITRs. The due date to link your Aadhaar & PAN is 31st March, 2022,” Income Tax India tweeted.