Page 2 - Form 16 News Today

If you miss the deadline and file your income tax returns after the due date, you will have to pay a late fee. Non-furnishing or late furnishing of return of income attracts interest under section 234A

Here is a fast document checklist that you should have available before visiting incometax.gov.in to file your tax returns if you intend to do it yourself for Assessment Year 2023–2024.

The deadline for reporting your ITR for the fiscal year 2022-23 or assessment year 2023-24 is July 31, 2023.

Income Tax Return (ITR) filing for the fiscal year 2022-23 (Assessment Year 2023-24) has a deadline of July 31, 2023. The government has clarified that no extension will be granted beyond this date and has urged taxpayers to file their returns promptly., Personal Finance News, Times Now

In this edition of Ask Money Today, read about the investments you can make that will help you reduce your tax outgo

Check your income tax refund status and avoid filing delays with this step-by-step guide.

Many employers have started handing out Form 16 to their employees. With this, many employees can start the process of filing ITR. However, apart from salary income, an individual can have other types of income as well. Here is the list documents that they should collect to make the tax return filing process easier.

The due date for filing income tax returns for FY 2022-23 is July 31, 2023 (assessment year 2023-24). Filing return is mandatory if your income exceeds the basic exemption limit. You need to be aware of the documents required, and which form you should choose before you get started with the process

Keeping the relevant documents ready and filing as early as possible are among the key suggestions by experts.

ITR Filing for AY2023-24: Collect essential documents like Form-16 / 16A bank statements, investment proofs, and receipts for deductions