The deadline to file Income Tax Return without penalty is July 31, 2023, i.e, today. Taxpayers can contact the tax department’s helpdesk which is open all day today to assist taxpayers with ITR filing, tax payment, and other associated services. The assistance is done over the phone, live chat, Webex meetings, and social media.
According to Section 234F of the Income Tax Act of 1961, anyone who file their ITRs late must pay a fine of up to Rs 5,000. Small taxpayers must pay a fine of Rs 1,000 if their annual taxable income is less than Rs 5 lakh.
As the deadline is nearing many taxpayers are in hurry to file the tax but many taxpayers are facing one or the other issue while filing their returns. Due to floods in certain states, those individuals may find it difficult to file their returns on time.
Here are individuals who took to Twitter to raise their issues and asked for extension of the deadline .
Many taxpayers and CA associations are requesting for an extension of the ITR filing deadline in certain states as a result of floods in certain areas disrupting the lives if individuals.
Tax Concept is a dedicated team of financial writers, legal analysts, and tax professionals committed to breaking down complex Indian corporate updates. From real-time GST amendments and crucial Income Tax judgements to EPFO schemes and corporate law updates, TaxConcept serves as a reliable, authoritative guide for chartered accountants, businesses, and everyday taxpayers seeking absolute compliance clarity.