ITR Filing Deadline: If you are a business owner and have not yet filed your income tax returns for FY 2021-22 and 2022-23, please do so immediately. If not, you can be required to pay a penalty for filing your income tax return late.
Deadline for filing ITR:
The deadline for filing income tax returns for the assessment year 2022-2023 is today. Last month, the Ministry of Finance extended the deadline for submitting income tax returns for a group of entrepreneurs with the assessment year 2022-2023.
For this group of people, the deadline for filing ITR has been extended from October 31 to November 7, 2022. The deadline for filing income tax returns is being pushed to November 7, 2022, for those whose accounts need to be audited.
It is the latest deadline for filing a tax return. Many taxpayers in this category are also observed complaining to the tax department about the problems they face in filing income tax returns at the same time. A user wrote on Twitter: “#incometax when I’m trying to file my return.
Today is the last day to log in and attempt to log in to the portal. 10000/- fine tomorrow. Tried calling tech support many times, no response. So please help and resolve the matter.”
These individuals have been instructed by the tax division to send an email to orm@cpc.incometax.gov.in along with their PAN number and mobile number. His team will liaise with the tax office as stated.
November 7, 2022, is the deadline for local companies to file income tax returns for the 2021-2022 fiscal year and 2022-2023 assessment year; meanwhile, November 30, 2022, is the deadline for transfer pricing businesses to file their income tax returns.
The deadline is said to have been extended to provide relief to taxpayers taking into account the holiday season.