Last date for filing income tax return (ITR)
tax returns (ITRs) every financial year to inform the government of the income earned by them and the tax they have paid on this income.
While taxpayers have to file their tax returns within a deadline to avoid paying a penalty and to avoid losing certain income tax benefits, the last date or the due date for filing ITR varies depending on the category of the taxpayer. For instance, salaried individuals and other taxpayers whose accounts are not required to be audited must file ITRs by July 31. Similarly, taxpayers whose books of accounts are required to be audited (but transfer pricing not applicable) must file their ITR by October 31.
Due date
Individuals/assessee whose accounts are not required to be audited (individuals, HUFs, Association of Persons, Body of Individuals, etc)
July 31 of the relevant assessment year. For FY 2023-24 (ended on March 31, 2024), the AY is 2024-25.
(the assessment year immediately follows the financial year for which the tax return is to be filed)
Taxpayers whose accounts are required to be audited:
●A company
●An individual or other entities whose accounts are required to be audited (like proprietorship, firm, etc)
●A working partner of a firm
October 31 of the relevant assessment year. For FY 2023-24 (ended on March 31, 2024), the AY is 2024-25.Taxpayer who is required to furnish report under Section 92E*
November 30 of the relevant assessment year. For FY 2023-24 (ended on March 31, 2024), the AY is 2024-25.
Belated ITR for every taxpayer
December 31 of the relevant assessment year. For FY 2023-24 (ended on March 31, 2024), the AY is 2024-25.
Revised ITR for every taxpayer
December 31 of the relevant assessment year. For FY 2023-24 (ended on March 31, 2024), the AY Read more on economictimes.indiatimes.com
