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ITR Filing Deadlines & Expert How-To Guide

bySynmacAvailable online; Offices in Chennai & New Delhi, serves BengaluruStarts from589 Per FilingView full gallery

Missing a deadline isn't just about penalties, it means lost refunds. Whether you are salaried or running a business, here is exactly what you need to file on time and keep your tax records clean.

The tax filing deadline is approaching. Let me help you file quickly and accurately to avoid penalties, get your maximum possible refund, and make the entire process stress-free.

Different taxpayers have different due dates. This table clearly shows the ITR filing deadlines for individuals, businesses requiring an audit, and for filing revised or belated returns for the financial year 2023-24.

Mark your calendars. The main deadline to file your ITR for FY 2023-24 is July 31, 2024. If you miss this, the last date to file a late return for the same year is December 31, 2024.

In this video, I explain the difference between the July 31st due date and the final December 31st deadline for filing a belated or revised return. Filing before the final date is crucial to claim your TDS refund and avoid interest.

A common question I get is, "Do I really need to file an ITR?" I explain in Tamil and English that if your income is above the basic limit or if TDS was deducted, you must file to claim refunds and for other benefits like loan eligibility.

To file your income tax return for Assessment Year 2024-25, you'll need these key documents. This checklist includes your PAN, Form 16, bank statements, and proof of investments to ensure a smooth filing process.

Don't have a Form 16? No problem. I can still help you file your ITR accurately using your salary slips and Form 26AS, which contains details of all the tax deducted at source.

For the Assessment Year 2023-24, you can file your ITR even without a Form 16. All you need are your payslips for salary details, Form 26AS for TDS information, and your investment documents to claim deductions.

Avoid these common mistakes while filing your ITR to prevent notices and penalties. I ensure you choose the correct ITR form, verify all details with your AIS, and declare all income sources correctly.

Filing your ITR after the July 31st deadline can result in late fees. This visual explains the fee structure based on your income level, with penalties of up to ₹5,000 for missing the due date.

About ITR Filing: Deadlines & How-To

You do not need to be a finance expert to file your taxes, you just need the right documents. Whether you have your Form 16 or are working with just payslips and Form 26AS, we ensure your data is verified before submission. Many clients miss out on refunds because they do not know they can claim them even after the July deadline. You have until December 31st to file a belated return, and I am here to make sure you get your refund back.

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