Last Chance! Income Tax Return Filing Date Pushed to September 15

Taxpayers must file their returns immediately without delay. Late filing will result in penalties and interest.

Income Tax Return Date

The Indian Income Tax Department extended the ITR filing deadline from July 31 to September 15. However, the tax audit deadline is still September 30.

Taxpayers

Taxpayers must file returns promptly. Data shows 30 million haven't filed. File within 12 days to avoid penalties and problems.

Income Tax Department

Missing the ITR deadline incurs penalties. Under Section 234F, it's Rs 5,000 if income is Rs 5 lakh or more, and Rs 1,000 if less.

ITR Filing

Late filing also means interest. Under Section 234A, it's 1% monthly, starting the day after the deadline. Avoid unnecessary interest expenses.

Tax Audit Deadline

Late filing can lead to loss of tax benefits and exemptions (Section 139(1)). Not filing despite eligible income can incur a 50% penalty (Section 270A). File your ITR now.