As we know that the time of e-filing ITR is running so every taxpayer must remember income tax return filing due dates to avoid penalties under the Income Tax Act, of 1961. In this post, you can check out all due dates compulsory for FY 2023-24 (AY 2024-25).
The practising CA, CS and tax professionals can also view advance tax and revised and updated ITR due dates. The CBDT department has started ITR filing from 1st April for AY 2024-25.
Two types of tax levy on entities are direct tax and indirect tax. Income tax is a direct tax that is directly attributable to the income of the assessee. Income which is generated from the various heads of income viz.Salary, House Property, Business, Capital Gain and Income from other sources. The assessee has to pay income tax if his total Income after allowing Chapter VI-A Deduction is more than the taxable income limit.
| Category of Taxpayer | Due Date (Original Return) |
|---|---|
| Company (whether tax audit applicable or not applicable) | 15/11/2024 (Revised) |
| Other than a company to whom the tax audit is applicable | 15/11/2024 (Revised) |
| Partner of the firm to whom tax audit is applicable | 15/11/2024 (Revised) |
| Audit Returns are required for assesses under Section 92E | 30/11/2024 |
| Assesses who are not required to get his Accounts Audit | 31/07/2024 |
| Revised Return/ Belated Return | 31/12/2024 |
| Updated Return (ITR-U) | 31/03/2026 |
There is a different category of taxpayer viz. Individual, HUF, Firm, LLP, Company, Trust and AOP/BOI. Due Date is different according to audit or non-audit cases of such categories as defined in section 139(1)
Free Download Gen IT Software for e-Filing Returns
The income tax department notified the taxpayers of the late filing of tax returns for A.Y. 2024-25, along with a penalty of INR 5000 However, if the taxpayer’s total income does not exceed Rs 5 lakh, then the maximum penalty levied for delay will not exceed Rs 1000.
(Assessee who are required to furnish report under sec 92E)
Missing the deadline for filing Income Tax Returns (ITR) for the FY 2023-24 and AY 2024-25 can have some harmful effects. Take a look at what happens if you miss the ITR deadline:
It is essential to submit your ITR before the due date to avoid difficulties. Filing tax returns on time allows you to make the process much easier, stops you from facing penalties and extra costs, and provides you with all the tax benefits you are ready for.
If the tax liability is more than Rs 10,000 in a financial year then advance tax needs to be paid by the assessee.
| Due Date | Compliance Nature | Tax Paid |
|---|---|---|
| 15th June 2024 | First Instalment | 15% |
| 15th September 2024 | Second Instalment | 45% |
| 15th December 2024 | Third Instalment | 75% |
| 15th March 2025 | Fourth Instalment | 100% |
The assessee who is covered under sections 44AD and 44ADA (i.e. Presumptive Income) is also required to pay the advance tax on or before the 15th of March of the previous year. However, any tax paid till 31st March will be treated as Advance Tax
Q.1 – What is the last date for filing an income tax return (ITR) for non-audit cases?
The due date for filing income tax returns for AY 2024-25 (FY 2023-24) was 31st July 2024
Q.2 – Could I E-file My Return after the due date?
Yes, you can file your late income tax return (ITR) within the 31st of December of that assessment year (AY) after paying extra fees and interest.
Q.3 – What is the due date to E-file income tax return (ITR) for Cos?
The deadline for filing the ITR of domestic companies for the financial year (FY) 2023-24 is November 15th, 2024 (revised). For all companies, it is essential to e-file their Income Tax Returns (ITR) by a specific date every year.
Q.4 – Is It Possible to File a Revised ITR?
Yes, you can make the particular modification in your ITR after submitting it. It would be best if you changed it on or before 31st of December.
Q.5 – What happens if a person files their ITR after the due date?
If you have missed the particular deadline for filing your income tax return, then you have to pay some additional fees as per section 234F of the Income Tax Act.
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View Comments
TDS has been deducted by bank on interest but still ITR not filled. Can I take refund ?
In such case you need to upload ITR then only you can claim TDS Refund.
I have filed ITR on 30.08.2015, Status showing as Transferred to AO. But still no intimationor refund .
How long it will take for this.
For this, you have to check status of ITR in your Income Tax Login and you can contact to Income Tax department.
I have filed ITR on 12th July, status showing as EVC accepted. But still no intimation or refund. how long it will take for this.
It’s a department process and it will take time sometime more than 1 month too.
My income was Rs 3.2 lacs for fy 2014-15 (A.Y.2015-16). Do I need to file return online. If yes, what is the the last date and penalty?
The last of filling of income tax return for A.Y. 2015-16 is 31/3/2017. If your net income, after deduction is less than the minimum taxable income than there is no interest liability but if you have taxable income in that case there is interest provision of section 234.
i -filled my return on 11/07/2016, present status on website www. incometaindiaefilling.gov.in is showing as itr processed refund determined and send to the refund banker since 16/07/2016. But still the return is not credited in my account. can u tell me why it is like this?
Sir, might be your bank account number is not correct. Go to the department site. Make login there and again request for refund. With new bank account number.
Hi, I am farmer n I sold property last year which My tds deducted.
So can I fill itr-2 form n get my tds refunded.
I dont have any other source of income than farming, My tds is Rs28000 .
Please reply asap..
Yes, you can file ITR 2. Please read the instruction of return form ITR 2
What is the last date for ITR AY 2016-17?
For J&K - 31st August, 2016
Other States - 5th August, 2016
kindly update urself that they raised to 50,000 from 30,000 for PF
and there NIL TDS in my 26AS statment
my question is :
my pf is 38,000 and in 26 AS stmnt it is zero tds
now I have enter this amount in that row" Income from Other Sources (Ensure to fill Sch TDS2) " from the ITR 1 form
after entering and finishing ITR 1 what else I should to ?
Is there any other column I should fill somewhere?
while filing itr1 I come to know that PF has to be declared as income from other source if it is withdrawn <5 yrs and mine is less than 50,000.
So while entering the amount in the row " Income from Other Sources (Ensure to fill Sch TDS2) " WHAT is that "Sch TDS 2" I have fill?
How and where I can enter this PF amount and how to complete my ITR
PF amount withdrawal should be enter in "Income from other sources" If TDS is also deducted on PF amount than only you have to fill "SCHTDS II" as your amount is more than 30,000 then 10% TDS should be deducted so better check your "26 AS statement".
Hi,
I want to file ITR for AY 2014-15, however, while e-filing the sites shows a comment "the end date of filing this ITR is over". How can I file the ITR now?
You can try to file it manually.