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Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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File Income Tax return before July 31

Mysore/Mysuru: Any person who receives any income by way of Salary, Pension, Interest, Profession fee, etc., and who have NOT filed their Income Tax return for the FY 2023-24 (AY 2024-25) shall…

By Author
Published June 18, 2024 · 1 min read
file income tax return before

Mysore/Mysuru: Any person who receives any income by way of Salary, Pension, Interest, Profession fee, etc., and who have NOT filed their Income Tax return for the FY 2023-24 (AY 2024-25) shall file on or before July 31, 2024 which is the due date.

Under Section 234F, late filing of Income Tax returns attract a levy by way of fee. Therefore, the Income Tax return has to be filed before the due date, that is 31.7.2024. Else there shall be a levy of late fee of Rs.5,000 between 1.8.2024 and 31.12.2024.

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