Due date of filling of Income Tax Return

AY 2022-23

It is mandatory for every taxpayer to communicate the details of his income to the Incometax Department. These details are to be furnished in the prescribed form known as return of income. The due date of filing return of income is :

	ASSESSEE	DUE DATE
(i)	If the assessee, is- (a) A company, (b) a person (other than a company) whose accounts are required to be audited under the Income-taxAct,1961 or any other law in force; or (c) a partner of a firm whose accounts are required to be audited under the Income-tax Act, 1961 or any other law for the time being in force.	31st October of the assessment year i.e 31.10.2022
(ii)	In the case of an assessee including the partners of the firm or the spouse of such partner (if the provisions of section 5A applies to such spouse), being such assessee who is required to furnish are port referred to in section 92E	30th November of the assessment year i.e 30.11.2022
(iii)	In the case of any other assessee like individual/ HUF /AOP/ BOI	31st July of the assessment year i.e 31.07.2022

What if you missed filing the return within the due date?

If the due date for filing the original return of income is missed, one can file a return later after the due date, called a belated return. The income tax department also specifies the due date of filing the belated return. This date is now reduced by three months to 31st December of the assessment year (unless extended by the government).

However, a penalty of Rs 5,000 will be charged for the delay in filing of return. But if the total income of the person is less than Rs 5 Lakh, then the fee payable is up to Rs 1,000.

For more details, Please watch our video

Disclaimer: Although all provisions, notifications and updates, are analyzed in-depth by our team before writing to the public. Any change in detail or information other than fact must be considered a human error. The Guide, Articles, Blogs, FAQ and videos is to provide updated information. Tax matters are always subject to frequent changes hence advisory is only for the benefit of the general public. Hence neither TaxSmooth nor any of its Team members is liable for any consequence that arises on the basis of these write-ups.

CHETNAA GOYAL

Chetnaa Goyal one of the co-founder of TaxSmooth. An Qualified Chartered Accountant. More than 12 years of Experience in Direct Taxation. having own Taxation Practice in Delhi. Expertise in Income Tax Cases, Return filing, Tax Planning, Tax Advisory etc.

Due Date Of Filing of Income Tax Return

Due date of filling of Income Tax Return

AY 2022-23

What if you missed filing the return within the due date?

CHETNAA GOYAL

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