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# e filing

10 posts in `e filing` tag

Consequences Failing File Audit Report Tax Penalties Late Fees

It is important to note that although Section 139 of the Act has been extended until 30th November 2023, which is one month after the original deadline, you should aim to file your taxes by 31st October 2023. Filing late can result in a late fee of Rs 5000.

Managing Late Filing Penalties: Paying While Filing Belated Tax Returns

Keep in mind that when filing late, there is a penalty as per Section 234F of the Income Tax Act, 1961. Additionally, you won't be able to carry forward losses from different sources of income, except for losses from house property, when submitting a belated ITR.

Itr Filing Last Date 2023 what happens if you miss tax return deadline

Today is the last date to file Income Tax Returns: The IT department advised taxpayers to file their tax returns before the deadline ends to avoid penalties and other consequences.

Consequences of Late Income Tax Return Filing: Understanding the Implications

To avoid such penalties and fees, it's advisable to file your returns promptly, preferably before the July 31 deadline. Once all your data is ready, don't delay in filing. Understanding the costs and consequences of late tax return filing is essential to maintain compliance and financial well-being.

Section 234F: Penalty for Late Filing of Income Tax Return - Overview and Implications

However, taxpayers who filed their returns after the due date were liable to pay interest under Sections 234A, 234B, and 234C of the Income Tax Act. These sections imposed interest charges for the delay in filing the return and/or the delay in payment of taxes.

File Your Income Tax Return With MYITRONLINE & Get Maximum Refunds

Filing ITR is a good convention and practice for any earning individual (with taxable/non-taxable income) to avail of these benefits under diverse sections.

income Tax Dept enables online filing of Income Tax Returns

The income tax department has enabled the income tax returns form (ITR1) and (ITR2) for the fiscal year 2022-23. Individuals, small business owners, and professionals are required to file these income tax return forms.

Gujarat AAR No GST Exemption On Accommodation To Pilgrims Outside Religious Places By Charitable Trust

A charitable trust providing accommodation to pilgrims visiting Ambaji Temple in a building outside the religious place's boundary will not get GST exemption, rules Gujarat’s Authority for Advance Rulings (GAAR).

Filing ITR - Things to Keep In Mind While Filing ITR

Filing ITR - Things to Keep In Mind While Filing ITR.

5 Things Taxpayers must follow while filing ITR

Most taxpayers can make mistakes while submitting their ITR for a variety of reasons, including negligence, a lack of time, or incorrect information.