ITR filing 2024 LIVE Updates: Has ITR deadline for FY2024 been extended? (2024)

Key Events

• 2:33 PM IST, July 31 Should you file ITR if tax has been deducted by employer?
• 1:45 PM IST, July 31 How can you get full tax refund?
• 1:27 PM IST, July 31 Penalty for late ITR filing
• 12:32 PM IST, July 31 How can you check income tax refund status online using PAN card?
• 12:14 PM IST, July 31 How to check ITR status online
• 11:59 AM IST, July 31 How are ITR-1 and ITR-2 forms different?
• 11:48 AM IST, July 31 How much third-party websites charge for filing ITR?
• 11:34 AM IST, July 31 How to get full refund?
• 11:10 AM IST, July 31 What is Form 16?
• 10:59 AM IST, July 31 What is the penalty for income tax notice?
• 10:48 AM IST, July 31 Last day to file ITR today

Follow all the updates here:

The last date for filing income tax return (ITR) is today, July 31, 2024, for all individuals not requiring an audit. Taxpayers who haven't still filed their returns should do so by the end of the day to not be given penalties.

The The Institute of Chartered Accountants of India (ICAI) has asked the Central Board of Direct Taxes (CBDT) to extend the deadline for filing income tax return for the financial year 2023-24 due to technical glitches faced by taxpayers on the income tax portal.

It usually takes four to five weeks for a tax refund to get credited to the account of the taxpayer after it is processed, according to the income tax website.

Taxpayers have been facing glitches while filing their income tax return (ITR) in the income tax e-filing portal — incometax.gov.in.

ITR filing 2024 LIVE Updates: Yes. The employers deduct tax at source on salary and interest income respectively. You still need to disclose the income on which tax has been deducted and claim credit for TDS in the income tax return (ITR).

ITR filing 2024 LIVE Updates: Filing ITR on time ensures that you get the full income tax refund. If you miss the due date to file the ITR, you have to pay a penalty that will reduce your refund.

ITR filing 2024 LIVE Updates: Filing ITR late can result in penalties of up to Rs. 5,000 for incomes over ₹5 lakh and up to ₹1,000 for incomes up to Rs. 1 lakh.

ITR filing 2024 LIVE Updates: The deadline to file your income tax return (ITR) is July 31, 2024. If you've already filed your ITR and need to make corrections, you can file a revised ITR.

ITR filing 2024 LIVE Updates: The deadline for filling income tax returns (ITR) is July 31. The Income Tax Department said that over four crore ITRs already submitted for AY 2024-25. In order to check the status of your income tax refund online, you can use your PAN card. The status updates can be seen usually within 10 days and you can also confirm the information in your Form 26AS if the status indicates “Paid.” Here's how to do it

ITR filing 2024 LIVE Updates: ITR-1 (Sahaj) is for individuals with income up to ₹50 lakh from salary, one house property, and other sources like interest. ITR-2 is for taxpayers and HUFs not having income from profits and gains of business or profession.

ITR filing 2024 LIVE Updates: Online platforms like Clear Tax2Win, TaxBuddy, Quicko, and others charge between ₹500 to ₹1,000 for ITR filing.

ITR filing 2024 LIVE Updates: Individual taxpayers who have paid more taxes than required are eligible to receive a tax refund. For this, you have to file your ITR by July 31, 2024, for FY 2023-24 (AY 2024-25).

ITR filing 2024 LIVE Updates: Form 16 is mandated under Section 203 of the Income-tax Act, 1961. It is issued by employers regarding tax deduction at source (TDS) from an employee's salary during a financial year. It provides a detailed account of the salary paid and the TDS amounts remitted to the government against the employee's PAN.

ITR filing 2024 LIVE Updates: If the Income Tax return is furnished before 31st December of the assessment year, the penalty is ₹5,000 but it cannot exceed the amount of TDS/TCS. Moreover, if there is under-reported income, the penalty can be 50% of the amount of tax payable on that under-reported income.

ITR Filing Last Date Extension LIVE: Today, July 31, is the last date to file an income tax return (ITR) for the financial year 2023-24 for taxpayers who are not required to audit their incomes.