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Mysuru's Evening Daily · Since 1978
Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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In Briefs

Income Tax return due date

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…

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Published July 29, 2024 · 1 min read

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 ( 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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