indiaSource: Hindustan TimesPublished
India's ITR Deadline Ends Today: Last-Minute Filing Tips
india · Hindustan TimesThe July 31 deadline to file Income Tax Returns (ITR) in India is approaching. Most salaried individuals, pensioners, and taxpayers with income from salary, properties, interest, and dividends must file ITR-1 or ITR-2. Those exceeding the basic exemption limit or choosing to file voluntarily must complete the process before the deadline.
At a glance
- The July 31 deadline applies to most salaried individuals and taxpayers with income from salary, properties, interest, and dividends.
- Taxpayers exceeding the basic exemption limit or choosing to file voluntarily must complete the process before the deadline.
- Failing to file on time may result in a late filing fee of up to ₹ 5,000 and interest on unpaid tax.