Missed the Income Tax Return filing deadline? We’ve got you covered.
If you missed the July 31, 2024 deadline for filing your Income Tax Return (ITR), don’t worry! You can still file a belated return.
Belated ITR filing refers to filing your Income Tax Return (ITR) after the designated deadline, which is typically July 31st for individuals. If you miss this deadline, you can still file your ITR, but you’ll need to pay a late filing fee and interest on unpaid taxes.
Here’s what you can do:
1. File your ITR as soon as possible to minimize the late filing interest & fee.
2. Pay penalty upto ₹5,000 if filed between August 1, 2024, to December 31, 2024
3. If you have taxes due, pay them as soon as possible to avoid further interest and penalties.
Remember, filing your ITR late is better than not filing it at all, as it can lead to more severe penalties and consequences.
If you need further help or guidance, don’t forget that we are here to assist.