Starting June 15, 2022, the income tax return for the monetary and appraisal years 2022-22 has been completed. Do not wait to file your return if you haven’t done so.
If you have gotten Form-16 from your office, fill it immediately, if you don’t fill it with time to spare then you might need to suffer a consequence. This is not all. The pile increases when more citizens submit returns to the Income Tax E-filing website. In such a circumstance, to keep away from the issues in income tax filing, then don’t sit tight for the latest possible second.
You must file your return by 31 July
It is quite important that July 31, 2022, the last date to file annual government forms for the monetary and evaluation years 2022-22 and 2022-23 is not extended. This is because there is practically no late cost. After the cutoff, personal government forms must be submitted. You should also pay interest along with any punishments under section 234F and area 234A of annual assessment.
Itemized cutoff date for ITR documentation
31 July 2022 is when the individual HUF income tax form must be documented. 31 October 2022 will be the last date to record personal expense form for people who need review. The last date to document annual government forms for businesses that require TP reports is November 30, 2022. If you are required to file income tax returns in such circumstances, please fill them soon.